Rentokil Initial (Rentokil Initial) Cash And Cash Equivalents : $1,958 Mil (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Rentokil Initial Cash And Cash Equivalents?

Rentokil Initial's quarterly cash and cash equivalents declined from Dec. 2022 ($2,627.28 Mil) to Jun. 2023 ($1,790.40 Mil) but then increased from Jun. 2023 ($1,790.40 Mil) to Dec. 2023 ($1,958.23 Mil).

Rentokil Initial's annual cash and cash equivalents increased from Dec. 2021 ($878.99 Mil) to Dec. 2022 ($2,627.28 Mil) but then declined from Dec. 2022 ($2,627.28 Mil) to Dec. 2023 ($1,958.23 Mil).

Rentokil Initial Cash And Cash Equivalents Historical Data

The historical data trend for Rentokil Initial'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.

Rentokil Initial Cash And Cash Equivalents Chart

Rentokil Initial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

1,532.37

2,611.29

878.99

2,627.28

1,958.23

Rentokil Initial 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															878.99	2,920.07	2,627.28	1,790.40	1,958.23

Rentokil Initial 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.

Rentokil Initial (OTCPK:RKLIF) 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.

Rentokil Initial Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Rentokil Initial's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Rentokil Initial (Rentokil Initial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Rentokil Initial PLC (OTCPK:RKLIF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

RTO:USA RTOl:UK RTO:UK RTO1:Germany

Address

Manor Royal, Compass House, Crawley, West Sussex, GBR, RH10 9PY

Website

https://www.rentokil-initial.com

Rentokil Initial is a leading global provider of route-based pest-control and commercial hygiene services, operating in 83 countries. The group also offers a range of specialist route-based services including office and commercial space plant care, property care, and workwear rentals. The group has a diverse client base that includes global food producers, hotel chains, industrial goods businesses, restaurants, and individual residential customers.

Rentokil Initial (Rentokil Initial) Headlines

From GuruFocus

Rentokil Terminix Celebrates Merger Anniversary With $100,000 Donation to Feeding America and Second Harvest

By PRNewswire • 10-18-2023

Top 5 4th Quarter Trades of HAVENS ADVISORS LLC

By GuruFocus Research GuruFocus Editor • 01-25-2023

Rentokil Terminix Celebrates Merger With $200,000 Donation to St. Jude Children's Research Hospital

By Business Wire Business Wire • 10-28-2022

Top 5 4th Quarter Trades of NICHOLS & PRATT ADVISERS LLP /MA

By GuruFocus Research GuruFocus Editor • 02-03-2023