Milton Capital (LSE:MII) Cash And Cash Equivalents : £0.79 Mil (As of Jan. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Milton Capital Cash And Cash Equivalents?

Milton Capital's quarterly cash and cash equivalents increased from Jan. 2023 (£0.00 Mil) to Jul. 2023 (£0.91 Mil) but then stayed the same from Jul. 2023 (£0.91 Mil) to Jan. 2024 (£0.79 Mil).

Milton Capital's annual cash and cash equivalents stayed the same from . 20 (£0.00 Mil) to Jan. 2023 (£0.00 Mil) but then increased from Jan. 2023 (£0.00 Mil) to Jan. 2024 (£0.79 Mil).

Milton Capital Cash And Cash Equivalents Historical Data

The historical data trend for Milton Capital'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.

Milton Capital Cash And Cash Equivalents Chart

Milton Capital Annual Data

Trend

Jan23

Jan24

Cash And Cash Equivalents

0.79

Milton Capital Semi-Annual Data
	Jan23	Jul23	Jan24
Cash And Cash Equivalents	-	0.91	0.79

Milton Capital 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.

Milton Capital (LSE:MII) 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.

Milton Capital Cash And Cash Equivalents Related Terms

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

Milton Capital (LSE:MII) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Milton Capital PLC (LSE:MII) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Cheapside, 3rd Floor, London, GBR, EC2V 6EE

Website

http://www.milton-capital.co.uk

Milton Capital PLC is a special-purpose acquisition company. The company was formed to undertake one or more acquisitions (which may be in the form of a merger, capital stock exchange, asset acquisition, stock purchase, scheme of the arrangement, reorganization, or similar business combination) of a minority or majority interest in a company or business.

Milton Capital (LSE:MII) Headlines

No Headlines