Aramark (FRA:0AK) Cash And Cash Equivalents : €328 Mil (As of Mar. 2024)

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What is Aramark Cash And Cash Equivalents?

Aramark's quarterly cash and cash equivalents declined from Sep. 2023 (€1,839.46 Mil) to Dec. 2023 (€271.06 Mil) but then increased from Dec. 2023 (€271.06 Mil) to Mar. 2024 (€328.08 Mil).

Aramark's annual cash and cash equivalents declined from Sep. 2021 (€452.70 Mil) to Sep. 2022 (€332.75 Mil) but then increased from Sep. 2022 (€332.75 Mil) to Sep. 2023 (€1,839.46 Mil).

Aramark Cash And Cash Equivalents Historical Data

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

Aramark Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash And Cash Equivalents

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223.95

2,130.30

452.70

332.75

1,839.46

Aramark Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															282.71	371.43	1,839.46	271.06	328.08

Aramark 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.

Aramark (FRA:0AK) 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.

Aramark Cash And Cash Equivalents Related Terms

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Aramark (FRA:0AK) Business Description

Industry

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Traded in Other Exchanges

ARMK:USA

Address

2400 Market Street, Philadelphia, PA, USA, 19103

Website

https://www.aramark.com

Aramark provides food, facilities, and uniform services to a variety of clients and institutions. The majority of company revenue comes from its North American food and support services segment. Smaller but substantial segments include food and support services international, food and support services united states and uniform and career apparel. The food and support services segments provide food for school districts; colleges; healthcare facilities; correctional institutions; and business, sports, and entertainment venues. The uniform segment rents, delivers, cleans, and maintains work clothes and ancillary items like towels and mats to customers in North America and Japan. The company has hundreds of service locations and distribution centers across the United States and Canada.

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