Calnex Solutions (LSE:CLX) Cash And Cash Equivalents : £8.58 Mil (As of Sep. 2024)

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What is Calnex Solutions Cash And Cash Equivalents?

Calnex Solutions's quarterly cash and cash equivalents declined from Sep. 2023 (£13.48 Mil) to Mar. 2024 (£11.87 Mil) but then stayed the same from Mar. 2024 (£11.87 Mil) to Sep. 2024 (£8.58 Mil).

Calnex Solutions's annual cash and cash equivalents increased from Mar. 2022 (£13.86 Mil) to Mar. 2023 (£17.58 Mil) but then declined from Mar. 2023 (£17.58 Mil) to Mar. 2024 (£11.87 Mil).

Calnex Solutions Cash And Cash Equivalents Historical Data

The historical data trend for Calnex Solutions'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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Calnex Solutions Cash And Cash Equivalents Chart

Calnex Solutions Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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3.66

12.67

13.86

17.58

11.87

Calnex Solutions Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial								12.94	17.58	13.48	11.87	8.58

Calnex Solutions 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.

Calnex Solutions (LSE:CLX) 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.

Calnex Solutions Cash And Cash Equivalents Related Terms

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Calnex Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Calnex Solutions PLC (LSE:CLX) » Definitions » Cash And Cash Equivalents

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CSO:Germany

Address

Oracle Campus, Linlithgow, West Lothian, GBR, EH49 7LR

Website

https://www.calnexsol.com

Calnex Solutions PLC is a provider of test and measurement solutions for the telecommunications sector. It designs, produces, and markets test instrumentation and solutions for network synchronization and network emulation. The company offers its equipment to network operators, network providers, systems suppliers, laboratories, and network infrastructures. The company operates in North Asia, Americas and Rest of the world, out of which it derives maximum revenue from Americas.