BiON (LSE:BION) Cash, Cash Equivalents, Marketable Securities : £0.48 Mil (As of Oct. 2022)

View and export this data going back to 2016. Start your Free Trial

What is BiON Cash, Cash Equivalents, Marketable Securities?

BiON's quarterly cash, cash equivalents, marketable securities declined from Dec. 2020 (£0.42 Mil) to Jun. 2021 (£0.18 Mil) but then increased from Jun. 2021 (£0.18 Mil) to Oct. 2022 (£0.48 Mil).

BiON's annual cash, cash equivalents, marketable securities declined from Sep. 2016 (£0.40 Mil) to Sep. 2017 (£0.02 Mil) and declined from Sep. 2017 (£0.02 Mil) to Dec. 2019 (£0.02 Mil).

BiON Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for BiON's Cash, Cash Equivalents, Marketable Securities 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.

BiON Cash, Cash Equivalents, Marketable Securities Chart

BiON Annual Data

Trend

Sep15

Sep16

Sep17

Dec19

Cash, Cash Equivalents, Marketable Securities

0.40

0.02

BiON Semi-Annual Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Jun19	Dec19	Jun20	Dec20	Jun21	Oct22
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial						0.02	0.06	0.42	0.18	0.48

BiON Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

BiON (LSE:BION) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

BiON Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of BiON's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

BiON (LSE:BION) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » BiON PLC (LSE:BION) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Dutamas 1, D2-3-1 Solaris Dutamas 1, Kuala Lumpur, SGR, MYS, 50480

Website

https://www.bionplc.com

BiON PLC and its subsidiaries are engaged in research and development, provision of professional engineering consultancy, and process design services. It provides services in the areas of industrial biotechnology, pollution control, and renewable energy; and engineering, procurement, and construction of various wastewater treatment plants/systems; and development, commercialization, operation, and maintenance of renewable energy power plants. The company operates in two business segments providing consulting and contract services to customers in the renewable energy sector and the supply of power to National Grid. The consulting and contract segment generates a vast majority of its revenues.

BiON (LSE:BION) Headlines

No Headlines