Johns Lyng Group (ASX:JLG) Cash And Cash Equivalents : A$109 Mil (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Johns Lyng Group Cash And Cash Equivalents?

Johns Lyng Group's quarterly cash and cash equivalents increased from Dec. 2022 (A$82.63 Mil) to Jun. 2023 (A$130.03 Mil) but then stayed the same from Jun. 2023 (A$130.03 Mil) to Dec. 2023 (A$109.03 Mil).

Johns Lyng Group's annual cash and cash equivalents increased from Jun. 2021 (A$43.31 Mil) to Jun. 2022 (A$56.97 Mil) and increased from Jun. 2022 (A$56.97 Mil) to Jun. 2023 (A$130.03 Mil).

Johns Lyng Group Cash And Cash Equivalents Historical Data

The historical data trend for Johns Lyng Group'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.

Johns Lyng Group Cash And Cash Equivalents Chart

Johns Lyng Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

Get a 7-Day Free Trial

30.06

46.77

43.31

56.97

130.03

Johns Lyng Group 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								52.75	56.97	82.63	130.03	109.03

Johns Lyng Group 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.

Johns Lyng Group (ASX:JLG) 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.

Johns Lyng Group Cash And Cash Equivalents Related Terms

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

Johns Lyng Group (ASX:JLG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Johns Lyng Group Ltd (ASX:JLG) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

JLGRF:USA

Address

1 Williamsons Road, Doncastor, Melbourne, VIC, AUS, 3108

Website

https://www.johnslyng.com.au

Johns Lyng Group Ltd provides integrated building services in Australia. The company's operating segment include Insurance Building and Restoration Services; Commercial Building Services; Commercial Construction - Commercial Builders and Others. It generates maximum revenue from the Insurance Building and Restoration Services segment. Building and Restoration Services segment is involved in the building fabric repair, contents restoration and hazardous waste removal. The Commercial Building Services segment focuses on residential and commercial flooring, emergency domestic repairs, shop-fitting, and commercial glazing. Geographically the company generates the majority of its revenue from Australia and New Zealand.

Johns Lyng Group (ASX:JLG) Headlines

No Headlines