The a2 Milk Co (The a2 Milk Co) Cash And Cash Equivalents : $493 Mil (As of Dec. 2023)

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What is The a2 Milk Co Cash And Cash Equivalents?

The a2 Milk Co's quarterly cash and cash equivalents declined from Dec. 2022 ($493.77 Mil) to Jun. 2023 ($492.17 Mil) but then increased from Jun. 2023 ($492.17 Mil) to Dec. 2023 ($492.90 Mil).

The a2 Milk Co's annual cash and cash equivalents declined from Jun. 2021 ($622.00 Mil) to Jun. 2022 ($563.73 Mil) and declined from Jun. 2022 ($563.73 Mil) to Jun. 2023 ($492.17 Mil).

The a2 Milk Co Cash And Cash Equivalents Historical Data

The historical data trend for The a2 Milk Co'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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The a2 Milk Co Cash And Cash Equivalents Chart

The a2 Milk Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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306.80

550.73

622.00

563.73

492.17

The a2 Milk Co 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															506.90	563.73	493.77	492.17	492.90

The a2 Milk Co 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.

The a2 Milk Co (OTCPK:ACOPF) 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.

The a2 Milk Co Cash And Cash Equivalents Related Terms

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The a2 Milk Co (The a2 Milk Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The a2 Milk Co Ltd (OTCPK:ACOPF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ACOPY:USA ATM:New Zealand 14L:Germany A2M:Australia

Address

51 Shortland Street, P.O. Box 163, Level 10, Auckland, NTL, NZL, 1010

Website

https://www.thea2milkcompany.com

A2 Milk is a New Zealand licensor and marketer of fresh milk, infant formula, and other dairy products that lack the A1 beta-casein protein. The firm was founded in 2000 by Corran McLachlan, who developed a genetic test to determine which proteins a cow produces in its milk, and business partner Howard Paterson. The company has been through a tumultuous history of receivership, legal battles, and strategic shifts, but emerged in its current structure in 2006 and listed publicly in March 2013.

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