Argent Industrial (JSE:ART) Beginning Cash Position : R451 Mil (As of Sep. 2024)

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What is Argent Industrial Beginning Cash Position?

Argent Industrial's Beginning Cash Position for the quarter that ended in Sep. 2024 was R451 Mil.

Argent Industrial's quarterly Beginning Cash Position increased from Sep. 2023 (R255 Mil) to Mar. 2024 (R329 Mil) and increased from Mar. 2024 (R329 Mil) to Sep. 2024 (R451 Mil).

Argent Industrial's annual Beginning Cash Position declined from Mar. 2022 (R246 Mil) to Mar. 2023 (R168 Mil) but then increased from Mar. 2023 (R168 Mil) to Mar. 2024 (R255 Mil).

Argent Industrial Beginning Cash Position Historical Data

The historical data trend for Argent Industrial's Beginning Cash Position 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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Argent Industrial Beginning Cash Position Chart

Argent Industrial Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Beginning Cash Position

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19.88

158.57

246.23

168.22

255.32

Argent Industrial Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Beginning Cash Position	Get a 7-Day Free Trial															168.22	156.93	255.32	328.82	450.65

Argent Industrial Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

Argent Industrial Beginning Cash Position Related Terms

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Argent Industrial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Argent Industrial Ltd (JSE:ART) » Definitions » Beginning Cash Position

Comparable Companies

Traded in Other Exchanges

N/A

Address

First Floor, Ridge 63, 8 Sinembe Crescent, Sinembe Park, PO Box 5108, La Lucia Ridge Office Estate, Durban, NL, ZAF, 4019

Website

https://www.argent.co.za

Argent Industrial Ltd is a holding company that derives its income from the manufacturing and trading of steel and steel-related products, and properties. The company is organized into three operating divisions, namely Manufacturing, Steel trading, and Properties. The Manufacturing segment consists of manufacturing branded consumer goods. The steel trading segment makes up of ferrous steel, aluminum, and stainless steel products. Steel products are also traded internally to the group manufacturing businesses. The group charges rent for the properties. The company generates a majority of its revenue from manufacturing businesses. Geographically, it derives a majority of its revenue from South Africa and has a presence in the rest of the world.

Argent Industrial Headlines

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