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Auckland International Airport (Auckland International Airport) Cash And Cash Equivalents : $36.0 Mil (As of Dec. 2023)


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What is Auckland International Airport Cash And Cash Equivalents?

Auckland International Airport's quarterly cash and cash equivalents increased from Dec. 2022 ($39.90 Mil) to Jun. 2023 ($65.15 Mil) but then stayed the same from Jun. 2023 ($65.15 Mil) to Dec. 2023 ($36.03 Mil).

Auckland International Airport's annual cash and cash equivalents declined from Jun. 2021 ($56.50 Mil) to Jun. 2022 ($15.69 Mil) but then increased from Jun. 2022 ($15.69 Mil) to Jun. 2023 ($65.15 Mil).

Auckland International Airport Cash And Cash Equivalents Historical Data

The historical data trend for Auckland International Airport'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.

Auckland International Airport Cash And Cash Equivalents Chart

Auckland International Airport Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.62 493.42 56.50 15.69 65.15

Auckland International Airport Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.81 15.69 39.90 65.15 36.03

Auckland International Airport 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.

Auckland International Airport  (OTCPK:AUKNY) 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.

Auckland International Airport Cash And Cash Equivalents Related Terms

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Auckland International Airport (Auckland International Airport) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Auckland International Airport Ltd (OTCPK:AUKNY) » Definitions » Cash And Cash Equivalents
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ACKDF:USA AIA:New Zealand BZTA:Germany AIA:Australia
Address
4 Leonard Isitt Drive, Auckland Airport Business District, Manukau, NTL, NZL, 2022
Website
https://www.aucklandairport.co.nz
Auckland Airport is New Zealand's largest airport, handling 21 million passenger movements in fiscal 2019, approximately 70% of the country's international visitors. It owns 1,500 hectares of land, and hosts ancillary commercial services, including retail and duty-free, car parking, hotels, warehouses, and offices. Substantial development opportunities could bring its capacity up to near 28 million passenger movements per year by 2032, as well as adding capacity in the ancillary services offered. It also has a minority stake in the small but fast growing Queenstown airport on New Zealand's south island.