Viafin Service Oyj (OHEL:VIAFIN) Cash And Cash Equivalents : €17.19 Mil (As of Dec. 2023)

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What is Viafin Service Oyj Cash And Cash Equivalents?

Viafin Service Oyj's quarterly cash and cash equivalents declined from Dec. 2022 (€15.79 Mil) to Jun. 2023 (€15.61 Mil) but then increased from Jun. 2023 (€15.61 Mil) to Dec. 2023 (€17.19 Mil).

Viafin Service Oyj's annual cash and cash equivalents declined from Dec. 2021 (€17.29 Mil) to Dec. 2022 (€15.79 Mil) but then increased from Dec. 2022 (€15.79 Mil) to Dec. 2023 (€17.19 Mil).

Viafin Service Oyj Cash And Cash Equivalents Historical Data

The historical data trend for Viafin Service 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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Viafin Service Oyj Cash And Cash Equivalents Chart

Viafin Service Oyj Annual Data

Trend

Jul17

Jul18

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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0.60

16.78

17.29

15.79

17.19

Viafin Service Oyj Semi-Annual Data
	Jul17	Jul18	Jan19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial						17.29	13.60	15.79	15.61	17.19

Viafin Service 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.

Viafin Service Oyj (OHEL:VIAFIN) 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.

Viafin Service Oyj Cash And Cash Equivalents Related Terms

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Viafin Service Oyj (OHEL:VIAFIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Viafin Service Oyj (OHEL:VIAFIN) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Kullervonkatu 15, Tampere, FIN, 33500

Website

http://www.viafinservice.fi

Viafin Service Oyj is specialized in industrial maintenance services, installation, and maintenance of industrial piping, equipment, and gas-based systems. It offers wide range of services includes maintenance and system supply of LNG and biogas systems, gas grids, and gas filling stations. The company's business is mainly in Finland and its clientele consists of several major companies in the pulp, energy, chemical, and metal industry.

Viafin Service Oyj (OHEL:VIAFIN) Headlines

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