Flight Centre Travel Group (FRA:FLI) Cash And Cash Equivalents : €714 Mil (As of Jun. 2024)

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What is Flight Centre Travel Group Cash And Cash Equivalents?

Flight Centre Travel Group's quarterly cash and cash equivalents declined from Jun. 2023 (€837.20 Mil) to Dec. 2023 (€512.63 Mil) but then increased from Dec. 2023 (€512.63 Mil) to Jun. 2024 (€714.12 Mil).

Flight Centre Travel Group's annual cash and cash equivalents increased from Jun. 2022 (€821.28 Mil) to Jun. 2023 (€837.20 Mil) but then declined from Jun. 2023 (€837.20 Mil) to Jun. 2024 (€714.12 Mil).

Flight Centre Travel Group Cash And Cash Equivalents Historical Data

The historical data trend for Flight Centre Travel 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.

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Flight Centre Travel Group Cash And Cash Equivalents Chart

Flight Centre Travel Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash And Cash Equivalents

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1,157.82

822.53

821.28

837.20

714.12

Flight Centre Travel Group 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															821.28	664.75	837.20	512.63	714.12

Flight Centre Travel 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.

Flight Centre Travel Group (FRA:FLI) 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.

Flight Centre Travel Group Cash And Cash Equivalents Related Terms

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Flight Centre Travel Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Flight Centre Travel Group Ltd (FRA:FLI) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

FGETF:USA FLT:Australia

Address

275 Grey Street, South Brisbane, Brisbane, QLD, AUS, 4101

Website

https://www.fctgl.com

Flight Centre Travel is one of the largest travel agencies in the world. The group generates just over 50% of its total transaction value, or TTV, from the corporate market, just under 50% from the leisure market, and the rest from ancillary travel-related activities. In corporate travel, Flight Centre is a global Top 4 player operating in over 100 countries, with different brands catering to various customer segments (small and midsize businesses to large enterprises). In leisure, Flight Centre operates a network of over 550 shops generating 70% of the leisure TTV, online channels generating just under 20%, and the rest from independent agents. Over half of group TTV is generated in Australia and New Zealand, 20% from Americas, just under 20% from Europe, and the rest from Asia.

Flight Centre Travel Group Headlines

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