Corporate Travel Management (ASX:CTD) Cash And Cash Equivalents : A$131.3 Mil (As of Dec. 2023)

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What is Corporate Travel Management Cash And Cash Equivalents?

Corporate Travel Management's quarterly cash and cash equivalents increased from Dec. 2022 (A$110.28 Mil) to Jun. 2023 (A$150.99 Mil) but then stayed the same from Jun. 2023 (A$150.99 Mil) to Dec. 2023 (A$131.34 Mil).

Corporate Travel Management's annual cash and cash equivalents increased from Jun. 2021 (A$99.02 Mil) to Jun. 2022 (A$142.05 Mil) and increased from Jun. 2022 (A$142.05 Mil) to Jun. 2023 (A$150.99 Mil).

Corporate Travel Management Cash And Cash Equivalents Historical Data

The historical data trend for Corporate Travel Management'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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Corporate Travel Management Cash And Cash Equivalents Chart

Corporate Travel Management Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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138.79

92.84

99.02

142.05

150.99

Corporate Travel Management 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															193.24	142.05	110.28	150.99	131.34

Corporate Travel Management 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.

Corporate Travel Management (ASX:CTD) 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.

Corporate Travel Management Cash And Cash Equivalents Related Terms

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Corporate Travel Management (ASX:CTD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Corporate Travel Management Ltd (ASX:CTD) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

1C6:Germany

Address

307 Queen Street, Level 24, Brisbane, QLD, AUS, 4000

Website

https://www.travelctm.com

Corporate Travel Management provides travel services for business and government clients across the Americas, Australia and New Zealand, Europe, and Asia. The company has built scale and breadth through both organic growth and acquisitions. As of 2022, Corporate Travel is the world's fourth-largest corporate travel management company based with pro forma, pre-COVID-19 total transaction volumes of AUD 11 billion, but it remains a relative minnow in the highly fragmented USD 1.5 trillion global market. The group offers expertise and personalized service to corporate clients spanning various industries such as government, healthcare, mining, energy, infrastructure, and construction. Before the pandemic, more than 60% of the group's client travel was domestic (within country) in nature.

Corporate Travel Management (ASX:CTD) Headlines

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