Sterling Infrastructure (FRA:UAO) Cash And Cash Equivalents : €442 Mil (As of Mar. 2024)

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What is Sterling Infrastructure Cash And Cash Equivalents?

Sterling Infrastructure's quarterly cash and cash equivalents increased from Sep. 2023 (€383.61 Mil) to Dec. 2023 (€432.42 Mil) and increased from Dec. 2023 (€432.42 Mil) to Mar. 2024 (€441.98 Mil).

Sterling Infrastructure's annual cash and cash equivalents increased from Dec. 2021 (€53.94 Mil) to Dec. 2022 (€171.38 Mil) and increased from Dec. 2022 (€171.38 Mil) to Dec. 2023 (€432.42 Mil).

Sterling Infrastructure Cash And Cash Equivalents Historical Data

The historical data trend for Sterling Infrastructure's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sterling Infrastructure Cash And Cash Equivalents Chart

Sterling Infrastructure Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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41.16

54.40

53.94

171.38

432.42

Sterling Infrastructure Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															189.21	256.71	383.61	432.42	441.98

Sterling Infrastructure Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Sterling Infrastructure (FRA:UAO) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Sterling Infrastructure Cash And Cash Equivalents Related Terms

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Sterling Infrastructure (FRA:UAO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sterling Infrastructure Inc (FRA:UAO) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

STRL:USA UAO:Germany

Address

1800 Hughes Landing Boulevard, Suite 250, The Woodlands, TX, USA, 77380

Website

https://www.strlco.com

Sterling Infrastructure Inc is a construction company that specializes in heavy civil infrastructure construction and infrastructure rehabilitation as well as residential construction projects. The company operates in three reportable segments namely, Transportation Solutions, E-Infrastructure Solutions, and Building Solution. Transportation Solutions include highways, roads, bridges, airfields, ports, light rail, and others. Building Solution projects include concrete foundations for single-family homes. E-Infrastructure Solutions include the services which are provided to large, blue-chip companies in the e-commerce, data center, distribution center, and warehousing, energy, mixed-use, and multi-family sectors. The majority of the revenue is generated from E-Infrastructure Solutions. .

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