UPM-Kymmene Oyj (OHEL:UPM) Cash And Cash Equivalents : €710 Mil (As of Mar. 2024)

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What is UPM-Kymmene Oyj Cash And Cash Equivalents?

UPM-Kymmene Oyj's quarterly cash and cash equivalents declined from Sep. 2023 (€773.00 Mil) to Dec. 2023 (€632.00 Mil) but then increased from Dec. 2023 (€632.00 Mil) to Mar. 2024 (€710.00 Mil).

UPM-Kymmene Oyj's annual cash and cash equivalents increased from Dec. 2021 (€1,460.00 Mil) to Dec. 2022 (€2,067.00 Mil) but then declined from Dec. 2022 (€2,067.00 Mil) to Dec. 2023 (€632.00 Mil).

UPM-Kymmene Oyj Cash And Cash Equivalents Historical Data

The historical data trend for UPM-Kymmene 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.

* Premium members only.

UPM-Kymmene Oyj Cash And Cash Equivalents Chart

UPM-Kymmene Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1,536.00

1,720.00

1,460.00

2,067.00

632.00

UPM-Kymmene 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															1,016.00	768.00	773.00	632.00	710.00

UPM-Kymmene 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.

UPM-Kymmene Oyj (OHEL:UPM) 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.

UPM-Kymmene Oyj Cash And Cash Equivalents Related Terms

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UPM-Kymmene Oyj (OHEL:UPM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » UPM-Kymmene Oyj (OHEL:UPM) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

UPMMY:USA UPMKF:USA UPMh:UK 0NV5:UK RPL:Germany

Address

Alvar Aallon katu 1, P.O. Box 380, Helsinki, FIN, FI-00100

Website

https://www.upm.com

UPM-Kymmene Oyj is a Finnish paper and biomaterials company. The company produces products related to the forestry industry including paper, pulp, and plywood. UPM is also a major electricity generator in Finland and is one of the global producers of self-adhesive labeling materials. It delivers responsible solutions and innovation for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, and UPM Plywood. Geographically, the company has operational footprints in Sweden, Finland, the Netherlands, and other regions.

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