Alithya Group (TSX:ALYA) Cash And Cash Equivalents : C$10.8 Mil (As of Dec. 2023)

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What is Alithya Group Cash And Cash Equivalents?

Alithya Group's quarterly cash and cash equivalents declined from Jun. 2023 (C$27.14 Mil) to Sep. 2023 (C$8.09 Mil) but then increased from Sep. 2023 (C$8.09 Mil) to Dec. 2023 (C$10.82 Mil).

Alithya Group's annual cash and cash equivalents increased from Mar. 2021 (C$6.90 Mil) to Mar. 2022 (C$17.66 Mil) and increased from Mar. 2022 (C$17.66 Mil) to Mar. 2023 (C$22.58 Mil).

Alithya Group Cash And Cash Equivalents Historical Data

The historical data trend for Alithya Group'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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Alithya Group Cash And Cash Equivalents Chart

Alithya Group Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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12.80

8.81

6.90

17.66

22.58

Alithya Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															24.02	22.58	27.14	8.09	10.82

Alithya Group 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.

Alithya Group (TSX:ALYA) 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.

Alithya Group Cash And Cash Equivalents Related Terms

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Alithya Group (TSX:ALYA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Alithya Group Inc (TSX:ALYA) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

ALYA:USA 0QZ:Germany

Address

1100 Robert-Bourassa Boulevard, Suite 400, Montreal, QC, CAN, H3B 3A5

Website

https://www.alithya.com

Alithya Group Inc is a leader in Strategy and digital transformation, with professionals in Canada, us, and Europe. Its integrated offering is laid out as follows: Strategy, custom solutions, Microsoft solutions, and Oracle solutions. Clients entrust the company with their strategic projects across Banking, Investment and Insurance, Energy, Manufacturing, Retail and Distribution, Telecommunications, Transportation, Professional Services, Healthcare, and Government sectors. Geographically, it derives a majority of its revenue from Canada. The company's services include digital transformation, enterprise technology, solution development, project management, infrastructure management, and others.

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