Hardide (LSE:HDD) Cash And Cash Equivalents : £0.73 Mil (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Hardide Cash And Cash Equivalents?

Hardide's quarterly cash and cash equivalents increased from Mar. 2023 (£0.70 Mil) to Sep. 2023 (£0.74 Mil) but then stayed the same from Sep. 2023 (£0.74 Mil) to Mar. 2024 (£0.73 Mil).

Hardide's annual cash and cash equivalents declined from Sep. 2021 (£1.54 Mil) to Sep. 2022 (£0.69 Mil) but then increased from Sep. 2022 (£0.69 Mil) to Sep. 2023 (£0.74 Mil).

Hardide Cash And Cash Equivalents Historical Data

The historical data trend for Hardide'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.

* Premium members only.

Hardide Cash And Cash Equivalents Chart

Hardide Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash And Cash Equivalents

Get a 7-Day Free Trial

4.81

2.72

1.54

0.69

0.74

Hardide Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.86	0.69	0.70	0.74	0.73

Hardide 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.

Hardide (LSE:HDD) 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.

Hardide Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Hardide's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Hardide (LSE:HDD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hardide PLC (LSE:HDD) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Longlands Road, Bicester, Oxfordshire, GBR, OX26 5AH

Website

https://www.hardide.com

Hardide PLC is a UK-based company that acts as a provider of advanced tungsten carbide coatings for metal components operating in abrasive, erosive, corrosive, and chemically aggressive environments. The company provides nanostructured and patented, low-temperature chemical vapour deposition coating which provides wear and corrosion resistance and combines toughness with ductility. It extends the life of critical components across high-value industries and applications including oil and gas, pumps, aerospace, petrochemical, power generation, defense, industrial tooling, and others. The company has reportable segments namely UK operation, US operation, Corporate Central Functions., and Eliminations The majority of the company's revenue is generated from United Kingdom operations.

Hardide (LSE:HDD) Headlines

No Headlines