Acast AB (LTS:0A9Z) Cash And Cash Equivalents : kr734 Mil (As of Mar. 2024)

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What is Acast AB Cash And Cash Equivalents?

Acast AB's quarterly cash and cash equivalents increased from Sep. 2023 (kr750.15 Mil) to Dec. 2023 (kr759.46 Mil) but then stayed the same from Dec. 2023 (kr759.46 Mil) to Mar. 2024 (kr734.03 Mil).

Acast AB's annual cash and cash equivalents declined from Dec. 2021 (kr1,364.75 Mil) to Dec. 2022 (kr867.76 Mil) and declined from Dec. 2022 (kr867.76 Mil) to Dec. 2023 (kr759.46 Mil).

Acast AB Cash And Cash Equivalents Historical Data

The historical data trend for Acast AB'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.

* Premium members only.

Acast AB Cash And Cash Equivalents Chart

Acast AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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165.93

288.60

1,364.75

867.76

759.46

Acast AB Quarterly Data
	Dec18	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														850.81	801.13	750.15	759.46	734.03

Acast AB 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.

Acast AB (LTS:0A9Z) 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.

Acast AB Cash And Cash Equivalents Related Terms

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Acast AB (LTS:0A9Z) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Acast AB (LTS:0A9Z) » Definitions » Cash And Cash Equivalents

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ACAST:Sweden 0PN:Germany

Address

Kungsgatan 28, Stockholm, SWE, 11135

Website

https://www.acast.com

Acast AB is the curated, fully integrated, fastest growing podcast marketplace in the world. It offers podcast hosting, growth, and then monetization through both a creative and curated advertising marketplace, as well as membership features to connect podcasters with paying fans. The group has three operating segments- Europe, North America and others. Majority of revenue is generated from Europe segment.

Acast AB (LTS:0A9Z) Headlines

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