Adient (Adient) Cash And Cash Equivalents : $905 Mil (As of Mar. 2024)

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What is Adient Cash And Cash Equivalents?

Adient's quarterly cash and cash equivalents declined from Sep. 2023 ($1,110.00 Mil) to Dec. 2023 ($990.00 Mil) but then stayed the same from Dec. 2023 ($990.00 Mil) to Mar. 2024 ($905.00 Mil).

Adient's annual cash and cash equivalents declined from Sep. 2021 ($1,521.00 Mil) to Sep. 2022 ($947.00 Mil) but then increased from Sep. 2022 ($947.00 Mil) to Sep. 2023 ($1,110.00 Mil).

Adient Cash And Cash Equivalents Historical Data

The historical data trend for Adient'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.

Adient Cash And Cash Equivalents Chart

Adient Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash And Cash Equivalents

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924.00

1,692.00

1,521.00

947.00

1,110.00

Adient Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															826.00	908.00	1,110.00	990.00	905.00

Adient 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.

Adient (NYSE:ADNT) 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.

Adient Cash And Cash Equivalents Related Terms

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Adient (Adient) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Adient PLC (NYSE:ADNT) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

18I:Germany

Address

3 Dublin Landings, North Wall Quay, IFSC, Dublin 1, Dublin, IRL, D01 H104

Website

https://www.adient.com

Adient began trading Oct. 31, 2016, when Johnson Controls spun off its automotive experience segment into this new company. Adient is the leading seating supplier to the industry with about one third of the global market. Its share in China is now nearly 20%, down from about 45%, following the sale of its main joint venture there at the end of fiscal 2021. Unconsolidated seating revenue from joint ventures after factoring in the sale was about $3.8 billion in fiscal 2023 and consolidated China revenue was $1.4 billion. The company is headquartered in Ireland but has corporate offices in the Detroit area. Fiscal 2023 (Sept. 30 year-end) consolidated revenue, which excludes joint venture sales, was $15.4 billion.

Executives

Jerome J. Dorlack	officer: VP, Seating Americas	5725 DELPHI DRIVE, TROY MI 48098
Peter Carlin	director	101 JFK PARKWAY, SHORT HILLS NJ 07078
Jodi Euerle Eddy	director	C/O BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752
James Conklin	officer: EVP, Americas	ADIENT, 49200 HALYARD DRIVE, PLYMOUTH MI 48170
Heather M Tiltmann	officer: SVP, Gen. Counsel & Secretary	49200 HALYARD DRIVE, PLYMOUTH MI 48170
Douglas G Delgrosso	director, officer: CEO and President
Berthelin Michel Pierre Rose	officer: VP, Seating EMEA	49200 HALYARD DRIVE, PLYMOUTH MI 48170
Jeffrey Stafeil	officer: EVP and CFO	1707 PADDINGTON CIRCLE, KESWICK VA 22947
Gregory Scott Smith	officer: VP & Chief Accounting Officer	49200 HALYARD DRIVE, PLYMOUTH MI 48170
Ricky T Dillon	director	ONE SOUTH WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
Jian James Huang	officer: Vice President, APAC	49200 HALYARD DRIVE, PLYMOUTH MI 48170
Jose M Gutierrez	director	175 E HOUSTON ST. ROOM 216, SAN ANTONIO TX 78205
Frederick A. Henderson	director	SUNCOKE ENERGY, INC., 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Cathleen A Ebacher	officer: VP, GC and Secretary	833 E MICHIGAN STREET, SUITE 1100, MILWAUKEE WI 53202
R Bruce Mcdonald	director, officer: Chairman and CEO	ADIENT PLC, 833 E. MICHIGAN STREET, SUITE 1100, MILWAUKEE WI 53202