Athanase Innovation AB (OSTO:ATIN) Cash And Cash Equivalents : kr403.62 Mil (As of Dec. 2020)

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What is Athanase Innovation AB Cash And Cash Equivalents?

Athanase Innovation AB's quarterly cash and cash equivalents declined from Dec. 2019 (kr19.26 Mil) to Jun. 2020 (kr14.91 Mil) but then increased from Jun. 2020 (kr14.91 Mil) to Dec. 2020 (kr403.62 Mil).

Athanase Innovation AB's annual cash and cash equivalents declined from Jun. 2017 (kr17.83 Mil) to Jun. 2018 (kr17.51 Mil) but then increased from Jun. 2018 (kr17.51 Mil) to Jun. 2019 (kr19.23 Mil).

Athanase Innovation AB Cash And Cash Equivalents Historical Data

The historical data trend for Athanase Innovation 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.

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Athanase Innovation AB Cash And Cash Equivalents Chart

Athanase Innovation AB Annual Data

Trend

Jun17

Jun18

Jun19

Cash And Cash Equivalents

17.83

17.51

19.23

Athanase Innovation AB Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Cash And Cash Equivalents	Get a 7-Day Free Trial			18.24	19.23	19.26	14.91	403.62

Athanase Innovation 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.

Athanase Innovation AB (OSTO:ATIN) 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.

Athanase Innovation AB Cash And Cash Equivalents Related Terms

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Athanase Innovation AB (OSTO:ATIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Athanase Innovation AB (OSTO:ATIN) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

N/A

Address

Nybrogatan 3, Stockholm, SWE, 114 34

Website

https://www.athanaseinnovation.com

Athanase Innovation AB is an alternative investment firm with exposure to both private and public equity. It invests in innovative companies that benefit from trends such as robotics, digitalization, and automation. The principal revenue stream is initially management fees charged on the external fund capital and investment income of the underlying assets.

Athanase Innovation AB (OSTO:ATIN) Headlines

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