APM Human Services International Pty (ASX:APM) Cash And Cash Equivalents : A$116 Mil (As of Jun. 2024)

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What is APM Human Services International Pty Cash And Cash Equivalents?

APM Human Services International Pty's quarterly cash and cash equivalents declined from Jun. 2023 (A$106.85 Mil) to Dec. 2023 (A$106.71 Mil) but then increased from Dec. 2023 (A$106.71 Mil) to Jun. 2024 (A$115.87 Mil).

APM Human Services International Pty's annual cash and cash equivalents declined from Jun. 2022 (A$171.39 Mil) to Jun. 2023 (A$106.85 Mil) but then increased from Jun. 2023 (A$106.85 Mil) to Jun. 2024 (A$115.87 Mil).

APM Human Services International Pty Cash And Cash Equivalents Historical Data

The historical data trend for APM Human Services International Pty'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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APM Human Services International Pty Cash And Cash Equivalents Chart

APM Human Services International Pty Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Cash And Cash Equivalents

183.20

171.39

106.85

115.87

APM Human Services International Pty Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash And Cash Equivalents	Get a 7-Day Free Trial			171.39	107.36	106.85	106.71	115.87

APM Human Services International Pty 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.

APM Human Services International Pty (ASX:APM) 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.

APM Human Services International Pty Cash And Cash Equivalents Related Terms

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APM Human Services International Pty Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » APM Human Services International Pty (ASX:APM) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

58 Ord Street, West Perth, Perth, WA, AUS, 6005

Website

https://www.apm.net.au

APM Human Services International, on behalf of government bodies, provides services to assist job seekers in finding suitable employment, particularly those with a disability, injury, or illness. Services include job search assistance, vocational training, postplacement support, and allied health services such as rehabilitation and mental health. APM earns roughly 35% of revenue from Australia, 15% from Europe, 45% from North America, and the remaining 5% from New Zealand, Singapore, and South Korea.