Huddlestock Fintech AS (OSL:HUDL) Cash And Cash Equivalents : kr9.55 Mil (As of Dec. 2023)

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What is Huddlestock Fintech AS Cash And Cash Equivalents?

Huddlestock Fintech AS's quarterly cash and cash equivalents declined from Jun. 2023 (kr10.83 Mil) to Sep. 2023 (kr6.50 Mil) but then increased from Sep. 2023 (kr6.50 Mil) to Dec. 2023 (kr9.55 Mil).

Huddlestock Fintech AS's annual cash and cash equivalents declined from Dec. 2021 (kr16.08 Mil) to Dec. 2022 (kr2.25 Mil) but then increased from Dec. 2022 (kr2.25 Mil) to Dec. 2023 (kr9.55 Mil).

Huddlestock Fintech AS Cash And Cash Equivalents Historical Data

The historical data trend for Huddlestock Fintech AS'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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Huddlestock Fintech AS Cash And Cash Equivalents Chart

Huddlestock Fintech AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

8.68

2.89

16.08

2.25

9.55

Huddlestock Fintech AS Quarterly Data
	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial										3.40	2.25	10.83	6.50	9.55

Huddlestock Fintech AS 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.

Huddlestock Fintech AS (OSL:HUDL) 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.

Huddlestock Fintech AS Cash And Cash Equivalents Related Terms

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Huddlestock Fintech AS (OSL:HUDL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Huddlestock Fintech AS (OSL:HUDL) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

9JR:Germany

Address

Kanalsletta 2, Stavanger, NOR, 4033

Website

https://www.huddlestock.com

Huddlestock Fintech AS is a wealth and asset management technology company. The company develops software as a service solution for digitizing work processes for custody banks, asset managers, and retail trading venues. The data-centric platform offers customers a differentiated real-time product that reduces cost and increases efficiency. Its Fintech technology enables end-to-end digital services such as onboarding, client communication, reporting, order execution, and portfolio management, all executed on the same platform. It has two main products: Apex (Custody) and Bedrock (Connectivity).

Huddlestock Fintech AS (OSL:HUDL) Headlines

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