Hillenbrand (Hillenbrand) Cash And Cash Equivalents

: $198 Mil (As of Dec. 2023)

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Hillenbrand's quarterly cash and cash equivalents declined from Jun. 2023 ($290.50 Mil) to Sep. 2023 ($242.90 Mil) but then stayed the same from Sep. 2023 ($242.90 Mil) to Dec. 2023 ($198.40 Mil).

Hillenbrand's annual cash and cash equivalents declined from Sep. 2021 ($446.10 Mil) to Sep. 2022 ($232.20 Mil) but then increased from Sep. 2022 ($232.20 Mil) to Sep. 2023 ($242.90 Mil).

Hillenbrand Cash And Cash Equivalents Historical Data

The historical data trend for Hillenbrand'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.

Hillenbrand Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash And Cash Equivalents

399.00

302.20

446.10

232.20

242.90

Hillenbrand Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents																193.90	315.10	290.50	242.90	198.40

Hillenbrand 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.

Hillenbrand (NYSE:HI) 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.

Hillenbrand Cash And Cash Equivalents Related Terms

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Hillenbrand (Hillenbrand) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hillenbrand Inc (NYSE:HI) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

9HI:Germany

Address

One Batesville Boulevard, Batesville, IN, USA, 47006

Website

https://www.hillenbrand.com

Hillenbrand Inc is a U.S.-based company that operates through three segments. The Advanced Process Solutions segment designs, develops, manufactures, and services engineered industrial equipment. The Molding Technology Solutions segment offers engineered and customized systems in plastic technology and processing. Batesville designs provides, and markets funeral services and solutions.

Executives

Daniel C. Hillenbrand	director	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Robert M Vanhimbergen	officer: Sr VP, Chief Financial Officer	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Kimberly K Ryan	officer: Senior Vice President	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Helen W Cornell	director	1800 GARDNER EXPRESSWAY, QUINCY IL 62305
Tamara Morytko	officer: Sr. VP and President MTS	1250 NE LOOP 410, SUITE 1000, SAN ANTONIO TX 78209
Carole Anne Phillips	officer: See Remarks	6365 BIRDIE CIRCLE, GRAYLING MI 49738
J Michael Whitted	officer: Sr. VP Strategy & Corp Dev	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Ling An-heid	officer: Senior Vice President	ONE BATESVILLE BLVD., BATESVILLE IN 47006
Megan A Walke	officer: VP, CAO	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Ulrich Bartel	officer: Senior Vice President	HILLENBRAND, INC., 1 BATESVILLE BOULEVARD, BATESVILLE IN 47006
Christopher H Trainor	officer: Sr. Vice President	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Inderpreet Sawhney	director	HILLENBRAND, INC., 1 BATESVILLE BOULEVARD, BATESVILLE IN 47006
Neil S Novich	director	RYERSON LTULL INC, 2621 W 15TH PLACE, CHICAGO IL 60603
Bhavik N. Soni	officer: VP & Chief Information Officer	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Michael D Prado	officer: VP, Global Supply Management	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006