Metcash (ASX:MTS) Cash And Cash Equivalents : A$97 Mil (As of Oct. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Metcash Cash And Cash Equivalents?

Metcash's quarterly cash and cash equivalents increased from Oct. 2022 (A$56.30 Mil) to Apr. 2023 (A$89.50 Mil) and increased from Apr. 2023 (A$89.50 Mil) to Oct. 2023 (A$96.90 Mil).

Metcash's annual cash and cash equivalents declined from Apr. 2021 (A$124.60 Mil) to Apr. 2022 (A$104.70 Mil) and declined from Apr. 2022 (A$104.70 Mil) to Apr. 2023 (A$89.50 Mil).

Metcash Cash And Cash Equivalents Historical Data

The historical data trend for Metcash'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.

Metcash Cash And Cash Equivalents Chart

Metcash Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash And Cash Equivalents

Get a 7-Day Free Trial

142.60

275.10

124.60

104.70

89.50

Metcash Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash And Cash Equivalents	Get a 7-Day Free Trial															202.30	104.70	56.30	89.50	96.90

Metcash 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.

Metcash (ASX:MTS) 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.

Metcash Cash And Cash Equivalents Related Terms

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

Metcash (ASX:MTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Metcash Ltd (ASX:MTS) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

MCSHF:USA MG9:Germany

Address

1 Thomas Holt Drive, Macquarie Park, Sydney, NSW, AUS, 2113

Website

https://www.metcash.com

Metcash is a wholesale distribution and marketing company specialising in food, liquor, and hardware. Centralised wholesale distribution enables retailers to gain access to the combined scale of many retailers to negotiate material volume discounts.The food segment distributes of a range of products and services to independent supermarket and convenience stores. The hardware segment distributes hardware products to independent retail outlets and operates company-owned stores. The liquor segment distributes liquor products to independent retailers and pubs.

Metcash (ASX:MTS) Headlines

From GuruFocus

Metcash Stock Is Estimated To Be Modestly Overvalued

By GF Value GF Value • 05-11-2021