Cape Range (ASX:CAG) Cash And Cash Equivalents : A$1.90 Mil (As of Dec. 2023)

View and export this data going back to 1981. Start your Free Trial

What is Cape Range Cash And Cash Equivalents?

Cape Range's quarterly cash and cash equivalents declined from Dec. 2022 (A$2.35 Mil) to Jun. 2023 (A$2.13 Mil) but then stayed the same from Jun. 2023 (A$2.13 Mil) to Dec. 2023 (A$1.90 Mil).

Cape Range's annual cash and cash equivalents declined from Dec. 2021 (A$2.95 Mil) to Dec. 2022 (A$2.35 Mil) and declined from Dec. 2022 (A$2.35 Mil) to Dec. 2023 (A$1.90 Mil).

Cape Range Cash And Cash Equivalents Historical Data

The historical data trend for Cape Range'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.

Cape Range Cash And Cash Equivalents Chart

Cape Range Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

4.01

3.55

2.95

2.35

1.90

Cape Range Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial								2.95	2.65	2.35	2.13	1.90

Cape Range 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.

Cape Range (ASX:CAG) 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.

Cape Range Cash And Cash Equivalents Related Terms

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

Cape Range (ASX:CAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cape Range Ltd (ASX:CAG) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

36 Prestwick Drive, Twin Waters, Maroochydore, QLD, AUS, 4564

Website

https://www.caperange.com.au

Cape Range Ltd is engaged in providing accounting and business intelligence software solutions. Its software solutions cater mainly to small and medium enterprises. It derives revenue from Sales of packaged accounting and business management software, including the warehouse management system. Geographically solutions are offered in Australia and Malaysia.