Aggreko (LSE:AGK) Cash And Cash Equivalents : £107 Mil (As of Dec. 2020)

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What is Aggreko Cash And Cash Equivalents?

Aggreko's quarterly cash and cash equivalents increased from Dec. 2019 (£87.00 Mil) to Jun. 2020 (£123.00 Mil) but then stayed the same from Jun. 2020 (£123.00 Mil) to Dec. 2020 (£107.00 Mil).

Aggreko's annual cash and cash equivalents increased from Dec. 2018 (£85.00 Mil) to Dec. 2019 (£87.00 Mil) and increased from Dec. 2019 (£87.00 Mil) to Dec. 2020 (£107.00 Mil).

Aggreko Cash And Cash Equivalents Historical Data

The historical data trend for Aggreko'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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Aggreko Cash And Cash Equivalents Chart

Aggreko Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash And Cash Equivalents

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43.00

71.00

85.00

87.00

107.00

Aggreko Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Cash And Cash Equivalents	Get a 7-Day Free Trial															85.00	69.00	87.00	123.00	107.00

Aggreko 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.

Aggreko (LSE:AGK) 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.

Aggreko Cash And Cash Equivalents Related Terms

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Aggreko (LSE:AGK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aggreko PLC (LSE:AGK) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

120 Bothwell Street, 8th Floor, Glasgow, GBR, G2 7JS

Website

https://www.plc.aggreko.com

Aggreko PLC is a provider of cooling and heating rental equipment. The company operates two business units: rental solutions and power solutions. Rental solutions offer power, heating, and cooling equipment to customers in developed markets on a rental basis. Power solutions, the slightly larger business unit by revenue, operates in emerging markets and serves industrial and utility customers with large and complex solutions to their power requirements. Aggreko serves customers in utilities, oil and gas, mining, events, petrochemical and refining, manufacturing, and other sectors worldwide. The company generates the lion's share of its revenue in North America, followed by Africa, Asia, and the Middle East.

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