Adrad Holdings (ASX:AHL) Cash And Cash Equivalents : A$19.1 Mil (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Adrad Holdings Cash And Cash Equivalents?

Adrad Holdings's quarterly cash and cash equivalents declined from Dec. 2023 (A$17.86 Mil) to Jun. 2024 (A$16.59 Mil) but then increased from Jun. 2024 (A$16.59 Mil) to Dec. 2024 (A$19.09 Mil).

Adrad Holdings's annual cash and cash equivalents increased from . 20 (A$0.00 Mil) to Jun. 2023 (A$14.68 Mil) and increased from Jun. 2023 (A$14.68 Mil) to Jun. 2024 (A$16.59 Mil).

Adrad Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Adrad Holdings'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.

Adrad Holdings Cash And Cash Equivalents Chart

Adrad Holdings Annual Data

Trend

Jun23

Jun24

Cash And Cash Equivalents

14.68

16.59

Adrad Holdings Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial			6.03	14.68	17.86	16.59	19.09

Adrad Holdings 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.

Adrad Holdings (ASX:AHL) 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.

Adrad Holdings Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Adrad Holdings's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Adrad Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Adrad Holdings Ltd (ASX:AHL) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Howards Road, Beverley, SA, AUS, 5009

Website

https://www.adradholdings.com.au

Adrad Holdings Ltd designs and manufactures a wide variety of original equipment and aftermarket heat exchange products for both mobile and stationary applications. The company operates in two segments which include Heat Transfer Solutions, and Distribution. Heat Transfer Solutions segment which derives maximum revenue, engages in original equipment manufacturing which includes manufacturing of industrial and automotive radiators and cooling solutions. The Distribution segment includes the distribution of radiators and parts in the automotive aftermarket. It operates manufacturing facilities in Australia and Thailand. Geographically, the company derives key revenue from Australasia and the rest from Asia, the Middle East, North America, South America, Europe, and Africa.