Starcrest Education (LSE:OBOR) Cash And Cash Equivalents : £0.02 Mil (As of Jun. 2022)

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What is Starcrest Education Cash And Cash Equivalents?

Starcrest Education's quarterly cash and cash equivalents declined from Jun. 2021 (£0.65 Mil) to Dec. 2021 (£0.04 Mil) but then stayed the same from Dec. 2021 (£0.04 Mil) to Jun. 2022 (£0.02 Mil).

Starcrest Education's annual cash and cash equivalents declined from Dec. 2019 (£2.79 Mil) to Dec. 2020 (£1.46 Mil) and declined from Dec. 2020 (£1.46 Mil) to Dec. 2021 (£0.04 Mil).

Starcrest Education Cash And Cash Equivalents Historical Data

The historical data trend for Starcrest Education'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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Starcrest Education Cash And Cash Equivalents Chart

Starcrest Education Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Cash And Cash Equivalents

4.02

2.79

1.46

0.04

Starcrest Education Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Cash And Cash Equivalents	Get a 7-Day Free Trial			1.92	1.46	0.65	0.04	0.02

Starcrest Education 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.

Starcrest Education (LSE:OBOR) 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.

Starcrest Education Cash And Cash Equivalents Related Terms

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Starcrest Education (LSE:OBOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Starcrest Education Ltd (LSE:OBOR) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hutchins Drive, Cricket Square, P.O. Box 2681, Grand Cayman, CYM, KY1-1111

Website

https://www.starcresteducation.com

Starcrest Education Ltd is an international developer and operator of education services in Europe. The newly formed entity has been established to seek relevant acquisitions in the international education sector.