GWA Group (GWA Group) Cash And Cash Equivalents : $28.9 Mil (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is GWA Group Cash And Cash Equivalents?

GWA Group's quarterly cash and cash equivalents declined from Dec. 2022 ($32.89 Mil) to Jun. 2023 ($29.16 Mil) but then stayed the same from Jun. 2023 ($29.16 Mil) to Dec. 2023 ($28.89 Mil).

GWA Group's annual cash and cash equivalents declined from Jun. 2021 ($32.60 Mil) to Jun. 2022 ($22.09 Mil) but then increased from Jun. 2022 ($22.09 Mil) to Jun. 2023 ($29.16 Mil).

GWA Group Cash And Cash Equivalents Historical Data

The historical data trend for GWA Group'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.

GWA Group Cash And Cash Equivalents Chart

GWA Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

Get a 7-Day Free Trial

27.53

22.33

32.60

22.09

29.16

GWA Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															25.69	22.09	32.89	29.16	28.89

GWA Group 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.

GWA Group (OTCPK:GWAXY) 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.

GWA Group Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of GWA Group's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

GWA Group (GWA Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » GWA Group Ltd (OTCPK:GWAXY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

GWA:Australia

Address

188 Holt Street, Building 3B, Pinkenba, Brisbane, QLD, AUS, 4008

Website

https://www.gwagroup.com.au

GWA Group Ltd is a leading Australian designer of sanitary-ware and bathroom fittings, having undergone a significant divestment program to focus solely on front-of-wall bathroom and kitchen fittings markets. GWA's portfolio of brands includes Caroma, Dorf, Fowler, and Clark, with Caroma, in particular, enjoying the long history and high brand awareness in the Australian market. As part of GWA's efforts to reorient the business toward water supply solutions, the acquisition of Methven--a leading New Zealand shower and bathroom fittings manufacturer--was completed in April 2019.

GWA Group (GWA Group) Headlines

From GuruFocus

Half Year 2024 GWA Group Ltd Earnings Presentation Transcript

By GuruFocus Research • 02-28-2024