Roxas Holdings (PHS:ROX) Cash And Cash Equivalents : ₱30.01 Mil (As of Dec. 2023)

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What is Roxas Holdings Cash And Cash Equivalents?

Roxas Holdings's quarterly cash and cash equivalents declined from Jun. 2023 (₱331.76 Mil) to Sep. 2023 (₱51.45 Mil) but then stayed the same from Sep. 2023 (₱51.45 Mil) to Dec. 2023 (₱30.01 Mil).

Roxas Holdings's annual cash and cash equivalents increased from Sep. 2021 (₱58.97 Mil) to Sep. 2022 (₱292.53 Mil) but then declined from Sep. 2022 (₱292.53 Mil) to Sep. 2023 (₱51.45 Mil).

Roxas Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Roxas 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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Roxas Holdings Cash And Cash Equivalents Chart

Roxas Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash And Cash Equivalents

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438.27

888.60

58.97

292.53

51.45

Roxas Holdings 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	Get a 7-Day Free Trial															159.48	146.09	331.76	51.45	30.01

Roxas 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.

Roxas Holdings (PHS:ROX) 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.

Roxas Holdings Cash And Cash Equivalents Related Terms

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Roxas Holdings (PHS:ROX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Roxas Holdings Inc (PHS:ROX) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

26th Corner 3rd Avenue, 14th Floor, Net one Center, Bonifacio Global City, Metro Manila, Taguig, PHL, 1634

Website

https://www.roxasholdings.com.ph

Roxas Holdings Inc produces, markets, and sells raw and refined sugar, molasses, and related products to food and beverage, and pharmaceutical companies in the Philippines. It operates in two segments namely Sugar and Alcohol. The company generates maximum revenue from the Sugar segment. The alcohol segment is engaged in the manufacture and sale of bio-ethanol fuel. Geographically, it operates only in the Philippines.