CoinShares International (OSTO:CS) Cash And Cash Equivalents : kr529.8 Mil (As of Mar. 2024)

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What is CoinShares International Cash And Cash Equivalents?

CoinShares International's quarterly cash and cash equivalents declined from Sep. 2023 (kr564.19 Mil) to Dec. 2023 (kr331.20 Mil) but then increased from Dec. 2023 (kr331.20 Mil) to Mar. 2024 (kr529.77 Mil).

CoinShares International's annual cash and cash equivalents increased from Dec. 2021 (kr130.25 Mil) to Dec. 2022 (kr1,703.57 Mil) but then declined from Dec. 2022 (kr1,703.57 Mil) to Dec. 2023 (kr331.20 Mil).

CoinShares International Cash And Cash Equivalents Historical Data

The historical data trend for CoinShares International'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.

CoinShares International Cash And Cash Equivalents Chart

CoinShares International Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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29.05

25.47

130.25

1,703.57

331.20

CoinShares International Quarterly Data
	Dec18	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															73.46	616.06	564.19	331.20	529.77

CoinShares International 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.

CoinShares International (OSTO:CS) 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.

CoinShares International Cash And Cash Equivalents Related Terms

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CoinShares International (OSTO:CS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CoinShares International Ltd (OSTO:CS) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

CNSRF:USA 3TW:Germany

Address

2 Hill Street, 2nd Floor, Saint Helier, JEY, JE2 4UA

Website

https://www.coinshares.com

CoinShares International Ltd is the European digital asset manager that delivers a broad range of financial services across investment management, trading, securities, and consumer products to a wide array of clients that includes corporations, financial institutions, and individuals. The Group comprises four core operating segments; Asset Management, Capital Markets, Principal Investments, and Consumer Solutions. The company derives a majority of its revenue from the Asset management segment.