USD 25 Mil as of today(2019-11-14). CRS Cash And Cash Equivalents explanation, calculation, historical data and more" />CRS Cash And Cash Equivalents | Carpenter Technology - GuruFocus.com
Switch to:

Carpenter Technology Cash And Cash Equivalents

: USD 25 Mil (As of Sep. 2019)
View and export this data going back to 1968. Start your Free Trial

Carpenter Technology's quarterly cash and cash equivalents increased from Mar. 2019 (USD 18.90 Mil) to Jun. 2019 (USD 27.00 Mil) but then stayed the same from Jun. 2019 (USD 27.00 Mil) to Sep. 2019 (USD 24.60 Mil).

Carpenter Technology's annual cash and cash equivalents declined from Jun. 2017 (USD 66.30 Mil) to Jun. 2018 (USD 56.20 Mil) and declined from Jun. 2018 (USD 56.20 Mil) to Jun. 2019 (USD 27.00 Mil).


Carpenter Technology Cash And Cash Equivalents Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Carpenter Technology Annual Data
Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Cash And Cash Equivalents Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 70.00 82.00 66.30 56.20 27.00

Carpenter Technology Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Cash And Cash Equivalents Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.00 28.50 18.90 27.00 24.60

Carpenter Technology 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.


Carpenter Technology  (NYSE:CRS) 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.


Carpenter Technology Cash And Cash Equivalents Related Terms


Carpenter Technology Cash And Cash Equivalents Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)