TI Fluid Systems (LSE:TIFS) Cash And Cash Equivalents : £359 Mil (As of Dec. 2023)

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What is TI Fluid Systems Cash And Cash Equivalents?

TI Fluid Systems's quarterly cash and cash equivalents declined from Dec. 2022 (£427.02 Mil) to Jun. 2023 (£378.84 Mil) but then stayed the same from Jun. 2023 (£378.84 Mil) to Dec. 2023 (£358.99 Mil).

TI Fluid Systems's annual cash and cash equivalents increased from Dec. 2021 (£424.09 Mil) to Dec. 2022 (£427.02 Mil) but then declined from Dec. 2022 (£427.02 Mil) to Dec. 2023 (£358.99 Mil).

TI Fluid Systems Cash And Cash Equivalents Historical Data

The historical data trend for TI Fluid Systems'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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TI Fluid Systems Cash And Cash Equivalents Chart

TI Fluid Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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347.59

438.98

424.09

427.02

358.99

TI Fluid Systems Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial											424.09	392.61	427.02	378.84	358.99

TI Fluid Systems 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.

TI Fluid Systems (LSE:TIFS) 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.

TI Fluid Systems Cash And Cash Equivalents Related Terms

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TI Fluid Systems (LSE:TIFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » TI Fluid Systems PLC (LSE:TIFS) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

TIFSl:UK TI1:Germany

Address

4650 Kingsgate, Cascade Way, Oxford Business Park South, Oxford, Oxfordshire, GBR, OX4 2SU

Website

https://www.tifluidsystems.com

TI Fluid Systems PLC is engaged in providing automotive fluid storage, carrying, and delivery systems for the light-duty automotive market. The operating segments of the company are fluid-carrying systems and fuel tank & delivery systems. The fluid-carrying systems include brake and fuel lines and bundles, tank top lines, vacuum booster lines, quick connectors, air conditioning tubes, and hose assemblies, accumulators and receiver dryers, and thermal products and powertrain components. The fuel tank and delivery systems include fuel tanks, fuel pumps, level sensors, and additive dosing systems. Its geographical segments are Europe & Africa, Asia Pacific, North America, and Latin America.

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