Swedish Stirling AB (OSTO:STRLNG) Cash And Cash Equivalents : kr39.29 Mil (As of Dec. 2022)

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What is Swedish Stirling AB Cash And Cash Equivalents?

Swedish Stirling AB's quarterly cash and cash equivalents declined from Jun. 2022 (kr150.33 Mil) to Sep. 2022 (kr100.95 Mil) but then stayed the same from Sep. 2022 (kr100.95 Mil) to Dec. 2022 (kr39.29 Mil).

Swedish Stirling AB's annual cash and cash equivalents increased from Dec. 2020 (kr141.63 Mil) to Dec. 2021 (kr235.50 Mil) but then declined from Dec. 2021 (kr235.50 Mil) to Dec. 2022 (kr39.29 Mil).

Swedish Stirling AB Cash And Cash Equivalents Historical Data

The historical data trend for Swedish Stirling 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.

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Swedish Stirling AB Cash And Cash Equivalents Chart

Swedish Stirling AB Annual Data

Trend

Dec13

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Dec22

Cash And Cash Equivalents

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29.73

36.86

141.63

235.50

39.29

Swedish Stirling AB Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Cash And Cash Equivalents	Get a 7-Day Free Trial															235.50	195.76	150.33	100.95	39.29

Swedish Stirling 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.

Swedish Stirling AB (OSTO:STRLNG) 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.

Swedish Stirling AB Cash And Cash Equivalents Related Terms

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Swedish Stirling AB (OSTO:STRLNG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Swedish Stirling AB (OSTO:STRLNG) » Definitions » Cash And Cash Equivalents

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Address

Gruvgatan 35 B, Vastra Frolunda, Gothenburg, SWE, 421 30

Website

https://www.swedishstirling.com

Swedish Stirling AB has developed a hybridized Stirling engine based on a license from Kockums AB. The Stirling engine forms the basis of the company's products Ripasso Stirling Hybrid and PWR BLOK. The Ripasso Stirling Hybrid is a solar hybrid where energy from the sun is supplemented with some other fuel during the dark hours of the day. PWR BLOK is the product from Ripasso Energy towards the market for residual gas.

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