Waterco (ASX:WAT) Cash And Cash Equivalents : A$16.8 Mil (As of Jun. 2024)

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What is Waterco Cash And Cash Equivalents?

Waterco's quarterly cash and cash equivalents increased from Jun. 2023 (A$12.34 Mil) to Dec. 2023 (A$21.87 Mil) but then stayed the same from Dec. 2023 (A$21.87 Mil) to Jun. 2024 (A$16.80 Mil).

Waterco's annual cash and cash equivalents increased from Jun. 2022 (A$11.95 Mil) to Jun. 2023 (A$12.34 Mil) and increased from Jun. 2023 (A$12.34 Mil) to Jun. 2024 (A$16.80 Mil).

Waterco Cash And Cash Equivalents Historical Data

The historical data trend for Waterco'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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Waterco Cash And Cash Equivalents Chart

Waterco Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash And Cash Equivalents

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9.70

11.69

11.95

12.34

16.80

Waterco Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash And Cash Equivalents	Get a 7-Day Free Trial															11.95	9.37	12.34	21.87	16.80

Waterco 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.

Waterco (ASX:WAT) 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.

Waterco Cash And Cash Equivalents Related Terms

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Waterco Business Description

Industry

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Traded in Other Exchanges

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Address

36 South Street, Rydalmere, Sydney, NSW, AUS, 2116

Website

https://www.waterco.com.au

Waterco Ltd engages in the manufacture and distribution of pool and spa products and water treatment equipment. The firm involves in the wholesale, export, and manufacture of equipment and accessories in the swimming pool, spa pool, spa bath, rural pump. The company's pool and spa products comprise commercial accessories and chemical dosers, commercial heating products and pumps, test kits and maintenance products, chemical pool products, pool, and spa blowers, swimming pool and spa valves, recirculation accessories, pool lighting products, robotic pool cleaners, pool suction cleaners, spa equipment, hydroxzone ozone generators. Its maximum revenue is generated from Australia and New Zealand.