MasterCraft Boat Holdings (FRA:1SG) Cash And Cash Equivalents : €32.8 Mil (As of Dec. 2024)

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What is MasterCraft Boat Holdings Cash And Cash Equivalents?

MasterCraft Boat Holdings's quarterly cash and cash equivalents increased from Jun. 2024 (€6.87 Mil) to Sep. 2024 (€12.76 Mil) and increased from Sep. 2024 (€12.76 Mil) to Dec. 2024 (€32.77 Mil).

MasterCraft Boat Holdings's annual cash and cash equivalents declined from Jun. 2022 (€32.36 Mil) to Jun. 2023 (€18.29 Mil) and declined from Jun. 2023 (€18.29 Mil) to Jun. 2024 (€6.87 Mil).

MasterCraft Boat Holdings Cash And Cash Equivalents Historical Data

The historical data trend for MasterCraft Boat Holdings'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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MasterCraft Boat Holdings Cash And Cash Equivalents Chart

MasterCraft Boat Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash And Cash Equivalents

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14.49

32.58

32.36

18.29

6.87

MasterCraft Boat Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															33.24	20.71	6.87	12.76	32.77

MasterCraft Boat Holdings 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.

MasterCraft Boat Holdings (FRA:1SG) 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.

MasterCraft Boat Holdings Cash And Cash Equivalents Related Terms

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MasterCraft Boat Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MasterCraft Boat Holdings Inc (FRA:1SG) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

MCFT:USA

Address

100 Cherokee Cove Drive, Vonore, TN, USA, 37885

Website

https://www.mastercraft.com

MasterCraft Boat Holdings Inc designs, manufactures, and markets performance sport boats and outboard boats. The company is based in the United States and operates in three brand-specific segments. The MasterCraft segment generates the majority of the company's revenue and includes inboard boats for water skiing, wakeboarding, and wake surfing. The Pontoon segment produces pontoon boats at its Owosso, Michigan facility. Pontoon boats are used for general recreational boating. The Aviara segment produces luxury day boats at its Merritt Island, Florida facility. Aviara boats are used for general recreational boating.

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