Visionflex Group (ASX:VFX) Cash And Cash Equivalents : A$2.43 Mil (As of Dec. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Visionflex Group Cash And Cash Equivalents?

Visionflex Group's quarterly cash and cash equivalents declined from Dec. 2023 (A$1.76 Mil) to Jun. 2024 (A$1.16 Mil) but then increased from Jun. 2024 (A$1.16 Mil) to Dec. 2024 (A$2.43 Mil).

Visionflex Group's annual cash and cash equivalents declined from Jun. 2022 (A$2.01 Mil) to Jun. 2023 (A$1.44 Mil) and declined from Jun. 2023 (A$1.44 Mil) to Jun. 2024 (A$1.16 Mil).

Visionflex Group Cash And Cash Equivalents Historical Data

The historical data trend for Visionflex 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.

Visionflex Group Cash And Cash Equivalents Chart

Visionflex Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash And Cash Equivalents

Get a 7-Day Free Trial

2.05

0.24

2.01

1.44

1.16

Visionflex Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.09	1.44	1.76	1.16	2.43

Visionflex 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.

Visionflex Group (ASX:VFX) 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.

Visionflex Group Cash And Cash Equivalents Related Terms

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

Visionflex Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Visionflex Group Ltd (ASX:VFX) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 1/8 Prosperity Parade, Warriewood, Sydney, NSW, AUS, 2102

Website

https://www.visionflex.com

Visionflex Group Ltd Formerly 1st Group Ltd is an online health portal group. The company is engaged in the provision of health care and corporate online search and appointment booking services. The firm derives revenue from Subscription fees, Usage fees, Advertising, and Setup and customization out of which Subscription fees account for the majority of its revenue. The group has acquired multiple companies to run the business smoothly. The group has two operating segments, 1st Group and Visionflex which are both located in Australia. The company generates the majority of its revenue from 1st Group segment, which is engaged in the provision of healthcare and corporate online search and appointment booking services.

Visionflex Group Headlines

No Headlines