ABAS Protect AB (XSAT:ABAS) Cash And Cash Equivalents : kr0.2 Mil (As of Mar. 2024)

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What is ABAS Protect AB Cash And Cash Equivalents?

ABAS Protect AB's quarterly cash and cash equivalents declined from Sep. 2023 (kr0.40 Mil) to Dec. 2023 (kr0.28 Mil) but then stayed the same from Dec. 2023 (kr0.28 Mil) to Mar. 2024 (kr0.18 Mil).

ABAS Protect AB's annual cash and cash equivalents increased from Nov. 2021 (kr0.03 Mil) to Dec. 2022 (kr3.60 Mil) but then declined from Dec. 2022 (kr3.60 Mil) to Dec. 2023 (kr0.28 Mil).

ABAS Protect AB Cash And Cash Equivalents Historical Data

The historical data trend for ABAS Protect 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.

* Premium members only.

ABAS Protect AB Cash And Cash Equivalents Chart

ABAS Protect AB Annual Data

Trend

Nov19

Nov20

Nov21

Dec22

Dec23

Cash And Cash Equivalents

0.01

0.03

3.60

0.28

ABAS Protect AB Quarterly Data
	Nov19	Nov20	Nov21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial						0.88	0.08	0.40	0.28	0.18

ABAS Protect 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.

ABAS Protect AB (XSAT:ABAS) 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.

ABAS Protect AB Cash And Cash Equivalents Related Terms

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ABAS Protect AB (XSAT:ABAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ABAS Protect AB (XSAT:ABAS) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gislavedsvagen 3, Ambjornarp, SWE, SE-514 93

Website

https://www.abas.se

ABAS Protect AB is a privately owned family business that specializes in manufacturing area protection. It serves the Swedish market with safety products. Its product offerings comprise Gates, Fence, Booms & Bollards, Home & Villa gates, and fences, Preschool & children's cottage gates and fences, and Other products.

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