On The Beach Group (LSE:OTB) Cash And Cash Equivalents : £96.2 Mil (As of Sep. 2024)

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What is On The Beach Group Cash And Cash Equivalents?

On The Beach Group's quarterly cash and cash equivalents declined from Sep. 2023 (£75.80 Mil) to Mar. 2024 (£7.70 Mil) but then increased from Mar. 2024 (£7.70 Mil) to Sep. 2024 (£96.20 Mil).

On The Beach Group's annual cash and cash equivalents increased from Sep. 2022 (£64.50 Mil) to Sep. 2023 (£75.80 Mil) and increased from Sep. 2023 (£75.80 Mil) to Sep. 2024 (£96.20 Mil).

On The Beach Group Cash And Cash Equivalents Historical Data

The historical data trend for On The Beach Group'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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On The Beach Group Cash And Cash Equivalents Chart

On The Beach Group Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Cash And Cash Equivalents

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36.50

56.00

64.50

75.80

96.20

On The Beach Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															64.50	9.60	75.80	7.70	96.20

On The Beach Group 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.

On The Beach Group (LSE:OTB) 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.

On The Beach Group Cash And Cash Equivalents Related Terms

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On The Beach Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » On The Beach Group PLC (LSE:OTB) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

OOBHF:USA OTBl:UK 9BP:Germany

Address

5 Adair Street, Manchester, GBR, M1 2NQ

Website

https://www.onthebeachgroupplc.com

On The Beach Group PLC is one of the UK's online retailers of beach holiday packages. It facilitates the customers to reach out to the suppliers of accommodation and airline tickets through its websites and telephone. The group organizes its operations into four principal financial reporting segments: OTB(onthebeach.co.uk and sunshine.co.uk), International(ebeach.se, ebeach.no & ebeach.dk), Classic Collection Holidays, and Classic Package Holidays. Its International segment comprises websites in Sweden, Norway, and Denmark.

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