ARMK has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
ARMK has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Aramark's quarterly cash and cash equivalents declined from Sep. 2023 ($1,963.14 Mil) to Dec. 2023 ($295.60 Mil) but then increased from Dec. 2023 ($295.60 Mil) to Mar. 2024 ($356.61 Mil).
Aramark's annual cash and cash equivalents declined from Sep. 2021 ($532.59 Mil) to Sep. 2022 ($329.45 Mil) but then increased from Sep. 2022 ($329.45 Mil) to Sep. 2023 ($1,963.14 Mil).
The historical data trend for Aramark'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.
Aramark Annual Data | |||||||||||||||||||||
Trend | Sep14 | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | |||||||||||
Cash And Cash Equivalents | Get a 7-Day Free Trial | 246.64 | 2,509.19 | 532.59 | 329.45 | 1,963.14 |
Aramark 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 | 302.69 | 402.41 | 1,963.14 | 295.60 | 356.61 |
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.
Aramark (NYSE:ARMK) 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.
Thank you for viewing the detailed overview of Aramark's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.
Lauren A Harrington | officer: SVP and General Counsel | ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103 |
Marc A Bruno | officer: COO, U.S. Food & Facilities | C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PLACE, SUITE 700, STAMFORD CT 06902 |
Kevin Wills | director | 750 LAKESHORE PARKWAY, BIRMINGHAM AL 35211 |
Abigail Charpentier | officer: SVP & Chief HR Officer | 2400 MARKET STREET, PHIADELPHIA PA 19103 |
Lynn Mckee | officer: See Remarks | |
Patricia E Lopez | director | 333 LUDLOW ST, STAMFORD CT 06902 |
Kenneth M Keverian | director | IBM CORPORATION, ONE NEW ORCHARD ROAD, ARMONK NY 10504 |
Christopher T. Schilling | officer: SVP, Controller and CAO | 2400 MARKET STREET, PHILADELPHIA PA 19103 |
Bridgette P Heller | director | TECH DATA CORPORATION, 5350 TECH DATA DRIVE, CLEARWATER FL 33760 |
Keith Bethel | officer: Chief Growth Officer | C/O ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103 |
Thomas Gerard Ondrof | officer: Executive VP and CFO | C/O PERFORMANCE FOOD GROUP COMPANY, 12500 WEST CREEK PARKWAY, RICHMOND VA 23238 |
Stephen I Sadove | director | |
Karen Marie King | director | C/O ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103 |
Greg Creed | director | 1441 GARDINER LANE, LOUISVILLE KY 40213 |
Mantle Ridge Lp | other: Director by deputization | 712 FIFTH AVENUE, SUITE 17F, NEW YORK NY 10019 |
From GuruFocus
By Business Wire • 09-08-2023
By GuruFocus Research • 12-16-2023
By Business Wire • 09-06-2023
By ACCESSWIRE • 09-13-2023
By Business Wire • 10-18-2023
By Business Wire • 12-04-2023
By Business Wire • 10-12-2023
By GuruFocus Research • 11-14-2023
By Business Wire • 10-02-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.