Sanoma Oyj (OHEL:SANOMA) Cash And Cash Equivalents : €16 Mil (As of Mar. 2024)

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What is Sanoma Oyj Cash And Cash Equivalents?

Sanoma Oyj's quarterly cash and cash equivalents declined from Sep. 2023 (€74.40 Mil) to Dec. 2023 (€65.90 Mil) but then stayed the same from Dec. 2023 (€65.90 Mil) to Mar. 2024 (€16.40 Mil).

Sanoma Oyj's annual cash and cash equivalents declined from Dec. 2021 (€52.40 Mil) to Dec. 2022 (€41.00 Mil) but then increased from Dec. 2022 (€41.00 Mil) to Dec. 2023 (€65.90 Mil).

Sanoma Oyj Cash And Cash Equivalents Historical Data

The historical data trend for Sanoma Oyj'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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Sanoma Oyj Cash And Cash Equivalents Chart

Sanoma Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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16.30

114.60

52.40

41.00

65.90

Sanoma Oyj 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															49.90	30.60	74.40	65.90	16.40

Sanoma Oyj 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.

Sanoma Oyj (OHEL:SANOMA) 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.

Sanoma Oyj Cash And Cash Equivalents Related Terms

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Sanoma Oyj (OHEL:SANOMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sanoma Oyj (OHEL:SANOMA) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

0JLQ:UK SNQB:Germany

Address

Toolonlahdenkatu 2, Helsinki, FIN, 00100

Website

https://www.sanoma.com

Sanoma Oyj is an innovative and agile learning and media company. The group publishes magazines and newspapers along with educational learning literature and services. It operates in two segments: Learning and Media Finland. Sanoma's learning products and services enable teachers to develop the talents of every child to reach their full potential. The company offers printed and digital learning content as well as digital learning and teaching platforms for primary, secondary, and vocational education. The Finnish media business of Sanoma provides information, experiences, inspiration, and entertainment via multiple media platforms: newspapers, radio, television, events, magazines, online, and mobile channels. The company's publications include Helsingin Sanomat, IltaSanomat among others.

Sanoma Oyj (OHEL:SANOMA) Headlines

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