Beacon Roofing Supply (FRA:OWY) Cash And Cash Equivalents : €124 Mil (As of Mar. 2024)

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What is Beacon Roofing Supply Cash And Cash Equivalents?

Beacon Roofing Supply's quarterly cash and cash equivalents increased from Sep. 2023 (€65.31 Mil) to Dec. 2023 (€77.03 Mil) and increased from Dec. 2023 (€77.03 Mil) to Mar. 2024 (€123.83 Mil).

Beacon Roofing Supply's annual cash and cash equivalents declined from Sep. 2021 (€221.00 Mil) to Dec. 2022 (€63.91 Mil) but then increased from Dec. 2022 (€63.91 Mil) to Dec. 2023 (€77.03 Mil).

Beacon Roofing Supply Cash And Cash Equivalents Historical Data

The historical data trend for Beacon Roofing Supply'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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Beacon Roofing Supply Cash And Cash Equivalents Chart

Beacon Roofing Supply Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Dec22

Dec23

Cash And Cash Equivalents

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65.65

530.29

221.00

63.91

77.03

Beacon Roofing Supply 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															69.30	60.73	65.31	77.03	123.83

Beacon Roofing Supply 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.

Beacon Roofing Supply (FRA:OWY) 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.

Beacon Roofing Supply Cash And Cash Equivalents Related Terms

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Beacon Roofing Supply (FRA:OWY) Business Description

Industry

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BECN:USA

Address

505 Huntmar Park Drive, Suite 300, Herndon, VA, USA, 20170

Website

https://www.becn.com

Beacon Roofing Supply Inc manufactures and sells roofing and building materials throughout the United States and Canada. Beacon's key customers consist of contractors, home builders, lumberyards, retailers, wholesale distributors, and building materials suppliers. The company's product portfolio includes both residential and non-residential roofing materials, siding, windows, and waterproofing systems. The majority of revenue is generated from residential and non-residential roofing products. The vast majority of Beacon's revenue comes from the United States.

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