Acceler8 Ventures (LSE:AC8) Cash And Cash Equivalents : £0.16 Mil (As of Dec. 2023)

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What is Acceler8 Ventures Cash And Cash Equivalents?

Acceler8 Ventures's quarterly cash and cash equivalents declined from Dec. 2022 (£0.25 Mil) to Jun. 2023 (£0.12 Mil) but then increased from Jun. 2023 (£0.12 Mil) to Dec. 2023 (£0.16 Mil).

Acceler8 Ventures's annual cash and cash equivalents declined from Dec. 2021 (£0.43 Mil) to Dec. 2022 (£0.25 Mil) and declined from Dec. 2022 (£0.25 Mil) to Dec. 2023 (£0.16 Mil).

Acceler8 Ventures Cash And Cash Equivalents Historical Data

The historical data trend for Acceler8 Ventures'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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Acceler8 Ventures Cash And Cash Equivalents Chart

Acceler8 Ventures Annual Data

Trend

Dec21

Dec22

Dec23

Cash And Cash Equivalents

0.43

0.25

0.16

Acceler8 Ventures Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	0.68	0.25	0.12	0.16

Acceler8 Ventures 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.

Acceler8 Ventures (LSE:AC8) 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.

Acceler8 Ventures Cash And Cash Equivalents Related Terms

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Acceler8 Ventures (LSE:AC8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Acceler8 Ventures PLC (LSE:AC8) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Esplanade, Saint Helier, JEY, JE2 3QA

Website

https://www.acceler8.ventures

Acceler8 Ventures PLC is an acquisition company. The company has actively pursued its strategy through the sourcing and assessment of acquisition and investment opportunities across gaming, media and entertainment, software and technology, industrials, and business services sectors.

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