Sibek AB (publ) (OSTO:SIBEK) Cash And Cash Equivalents : kr18.5 Mil (As of Apr. 2023)

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What is Sibek AB (publ) Cash And Cash Equivalents?

Sibek AB (publ)'s quarterly cash and cash equivalents increased from . 20 (kr0.00 Mil) to Apr. 2022 (kr16.17 Mil) and increased from Apr. 2022 (kr16.17 Mil) to Apr. 2023 (kr18.49 Mil).

Sibek AB (publ)'s annual cash and cash equivalents increased from . 20 (kr0.00 Mil) to Apr. 2022 (kr16.17 Mil) and increased from Apr. 2022 (kr16.17 Mil) to Apr. 2023 (kr18.49 Mil).

Sibek AB (publ) Cash And Cash Equivalents Historical Data

The historical data trend for Sibek AB (publ)'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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Sibek AB (publ) Cash And Cash Equivalents Chart

Sibek AB (publ) Annual Data

Trend

Apr22

Apr23

Cash And Cash Equivalents

16.17

18.49

Sibek AB (publ) Semi-Annual Data
	Apr22	Apr23
Cash And Cash Equivalents	16.17	18.49

Sibek AB (publ) 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.

Sibek AB (publ) (OSTO:SIBEK) 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.

Sibek AB (publ) Cash And Cash Equivalents Related Terms

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Sibek AB (publ) (OSTO:SIBEK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sibek AB (publ) (OSTO:SIBEK) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Polygonvagen 39, Taby, SWE, 187 66

Website

https://www.sibek.se

Sibek AB (publ) is a technology consultancy operating in infrastructure, specifically railways. The company specializes in the Swedish railway's signaling system. The single largest customer is the Swedish Transport Administration, followed by the Swedish Transport Administration (SL) within the Stockholm Region. This is followed by other actors operating within Swedish railways, such as contracting companies, signaling system suppliers and other technology consulting companies. The services the Company delivers can be mainly divided into: COMMISSIONING, PROJECTING, and PROJECT AND CONSTRUCTION MANAGEMENT.

Sibek AB (publ) (OSTO:SIBEK) Headlines

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