ATS (TSX:ATS) Cash And Cash Equivalents : C$187 Mil (As of Sep. 2023)

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What is ATS Cash And Cash Equivalents?

ATS's quarterly cash and cash equivalents declined from Mar. 2023 (C$159.87 Mil) to Jun. 2023 (C$123.52 Mil) but then increased from Jun. 2023 (C$123.52 Mil) to Sep. 2023 (C$187.38 Mil).

ATS's annual cash and cash equivalents declined from Mar. 2021 (C$187.47 Mil) to Mar. 2022 (C$135.28 Mil) but then increased from Mar. 2022 (C$135.28 Mil) to Mar. 2023 (C$159.87 Mil).

ATS Cash And Cash Equivalents Historical Data

The historical data trend for ATS'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.

ATS Cash And Cash Equivalents Chart

ATS Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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224.54

358.65

187.47

135.28

159.87

ATS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															95.16	302.15	159.87	123.52	187.38

ATS 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.

ATS (TSX:ATS) 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.

ATS Cash And Cash Equivalents Related Terms

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ATS (TSX:ATS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ATS Corp (TSX:ATS) » Definitions » Cash And Cash Equivalents

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ATS:USA

Address

730 Fountain Street North, Building 2, Cambridge, ON, CAN, N3H 4R7

Website

https://www.atsautomation.com

ATS Corp is a Canada-based company that provides automation systems. The company designs and builds customized automated manufacturing and testing systems for customers, and provides pre- and post-automation services. The company's products comprise conveyor systems, automated electrified monorails, tray handlers, laser systems, and other hardware and software products. The company also provides pre-automation solutions, including strategic direction and planning services, as well as aftermarket support. The company's clients come from the life sciences, food and beverage transportation, consumer products and electronics, and energy sectors. The company generates the majority of its sales from the North American and European markets.

Executives