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Munters Group AB (Munters Group AB) Cash And Cash Equivalents : $152 Mil (As of Mar. 2024)


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What is Munters Group AB Cash And Cash Equivalents?

Munters Group AB's quarterly cash and cash equivalents increased from Sep. 2023 ($105.10 Mil) to Dec. 2023 ($149.35 Mil) and increased from Dec. 2023 ($149.35 Mil) to Mar. 2024 ($151.85 Mil).

Munters Group AB's annual cash and cash equivalents increased from Dec. 2021 ($74.15 Mil) to Dec. 2022 ($88.07 Mil) and increased from Dec. 2022 ($88.07 Mil) to Dec. 2023 ($149.35 Mil).

Munters Group AB Cash And Cash Equivalents Historical Data

The historical data trend for Munters Group 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.

Munters Group AB Cash And Cash Equivalents Chart

Munters Group AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.55 115.99 74.15 88.07 149.35

Munters Group AB 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.99 65.93 105.10 149.35 151.85

Munters Group 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.

Munters Group AB  (OTCPK:MMNNF) 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.

Munters Group AB Cash And Cash Equivalents Related Terms

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Munters Group AB (Munters Group AB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Munters Group AB (OTCPK:MMNNF) » Definitions » Cash And Cash Equivalents
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Traded in Other Exchanges
MTRS:Sweden 0RPO:UK 1MS:Germany
Address
Box 1188, Kista, SWE, SE-164 40
Website
https://www.munters.com
Munters Group AB is a provider of energy-efficient air treatment and climate control solutions primarily within the food, pharmaceutical and data center sectors. The company operates in two reportable segments that are AirTech and FoodTech. The product portfolio comprises air intakes/air inlets, temperature and humidity control air treatment systems, fans and light filters, heat exchangers, heaters, mist eliminators, pollution control and volatile organic compounds abatement technologies to remove liquid and solvents from the air.