Versarien (LSE:VRS) Cash And Cash Equivalents : £0.60 Mil (As of Sep. 2023)

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What is Versarien Cash And Cash Equivalents?

Versarien's quarterly cash and cash equivalents declined from Mar. 2022 (£3.10 Mil) to Mar. 2023 (£0.76 Mil) but then stayed the same from Mar. 2023 (£0.76 Mil) to Sep. 2023 (£0.60 Mil).

Versarien's annual cash and cash equivalents increased from Mar. 2021 (£2.36 Mil) to Mar. 2022 (£3.10 Mil) but then declined from Mar. 2022 (£3.10 Mil) to Sep. 2023 (£0.60 Mil).

Versarien Cash And Cash Equivalents Historical Data

The historical data trend for Versarien'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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Versarien Cash And Cash Equivalents Chart

Versarien Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Sep23

Cash And Cash Equivalents

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4.29

1.66

2.36

3.10

0.60

Versarien Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															2.36	3.46	3.10	0.76	0.60

Versarien 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.

Versarien (LSE:VRS) 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.

Versarien Cash And Cash Equivalents Related Terms

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Versarien (LSE:VRS) Business Description

Industry

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

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Traded in Other Exchanges

VRSRF:USA VRS.GB:UK 9RV:Germany

Address

Monmouth Road, Units 1A-D, Longhope Business Park, Longhope, Gloucestershire, GBR, GL17 0QZ

Website

https://www.versarien.com

Versarien PLC is an IP-led advanced engineering materials group that utilizes proprietary technology to create innovative new engineering solutions. The business activities of the group function through Graphene and Plastic Products and Hard Wear and Metallic Product segments. Graphene and Plastic Products focused on delivering graphene solutions through plastics and carbon fibre composites, and Hard Wear and Metallic Products focused on delivering aluminium and tungsten carbide products. Geographically, the company operates in the UK, North America, the Rest of Europe, and others.