Libertine Holdings (LSE:LIB) Cash And Cash Equivalents : £0.93 Mil (As of Sep. 2023)

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What is Libertine Holdings Cash And Cash Equivalents?

Libertine Holdings's quarterly cash and cash equivalents declined from Sep. 2022 (£4.81 Mil) to Mar. 2023 (£2.48 Mil) but then stayed the same from Mar. 2023 (£2.48 Mil) to Sep. 2023 (£0.93 Mil).

Libertine Holdings's annual cash and cash equivalents increased from Mar. 2021 (£0.28 Mil) to Mar. 2022 (£6.70 Mil) but then declined from Mar. 2022 (£6.70 Mil) to Mar. 2023 (£2.48 Mil).

Libertine Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Libertine Holdings'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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Libertine Holdings Cash And Cash Equivalents Chart

Libertine Holdings Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

0.04

0.28

6.70

2.48

Libertine Holdings Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial				0.41	6.70	4.81	2.48	0.93

Libertine Holdings 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.

Libertine Holdings (LSE:LIB) 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.

Libertine Holdings Cash And Cash Equivalents Related Terms

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Libertine Holdings (LSE:LIB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Libertine Holdings PLC (LSE:LIB) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 1 Coborn Avenue, Tinsley, Sheffield, GBR, S9 1DA

Website

https://www.libertine.co.uk

Libertine Holdings PLC has developed a technology solution for powertrain OEMs, enabling efficient and clean power generation from renewable fuels. Its linear electrical machines, controls, and tools together form a development platform that the group provides to OEM customers for its product development programs. It provides engineering services and prototype hardware to support OEM customer evaluation of its technology, and incorporation of this technology into customer-led Linear Generator development programs. The company's main country of operation is the United Kingdom.

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