Carbon Revolution (ASX:CBR) Cash And Cash Equivalents : A$19.58 Mil (As of Jun. 2023)

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What is Carbon Revolution Cash And Cash Equivalents?

Carbon Revolution's quarterly cash and cash equivalents declined from Jun. 2022 (A$22.69 Mil) to Dec. 2022 (A$14.08 Mil) but then increased from Dec. 2022 (A$14.08 Mil) to Jun. 2023 (A$19.58 Mil).

Carbon Revolution's annual cash and cash equivalents declined from Jun. 2021 (A$87.26 Mil) to Jun. 2022 (A$22.69 Mil) and declined from Jun. 2022 (A$22.69 Mil) to Jun. 2023 (A$19.58 Mil).

Carbon Revolution Cash And Cash Equivalents Historical Data

The historical data trend for Carbon Revolution'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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Carbon Revolution Cash And Cash Equivalents Chart

Carbon Revolution Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

66.40

33.86

87.26

22.69

19.58

Carbon Revolution Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash And Cash Equivalents	Get a 7-Day Free Trial			87.26	47.80	22.69	14.08	19.58

Carbon Revolution 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.

Carbon Revolution (ASX:CBR) 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.

Carbon Revolution Cash And Cash Equivalents Related Terms

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Carbon Revolution (ASX:CBR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Carbon Revolution Ltd (ASX:CBR) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

75 Pigdons Road, Geelong Technology Precinct, Building NR, Waurn Ponds, Geelong, VIC, AUS, 3216

Website

https://www.carbonrev.com

Carbon Revolution Ltd is a company engaged in the manufacture and sale of carbon fibre wheels and research and development projects related to carbon fibre wheel technology. Geographically, the group has a business presence in Australia and other international countries, of which key revenue is derived from the international countries. It offers products to the global automotive industry.

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