Burger Fuel Group (NZSE:BFG) Cash And Cash Equivalents : NZ$9.57 Mil (As of Mar. 2024)

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What is Burger Fuel Group Cash And Cash Equivalents?

Burger Fuel Group's quarterly cash and cash equivalents increased from Mar. 2023 (NZ$8.20 Mil) to Sep. 2023 (NZ$8.92 Mil) and increased from Sep. 2023 (NZ$8.92 Mil) to Mar. 2024 (NZ$9.57 Mil).

Burger Fuel Group's annual cash and cash equivalents increased from Mar. 2022 (NZ$6.80 Mil) to Mar. 2023 (NZ$8.20 Mil) and increased from Mar. 2023 (NZ$8.20 Mil) to Mar. 2024 (NZ$9.57 Mil).

Burger Fuel Group Cash And Cash Equivalents Historical Data

The historical data trend for Burger Fuel 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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Burger Fuel Group Cash And Cash Equivalents Chart

Burger Fuel Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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5.57

7.11

6.80

8.20

9.57

Burger Fuel Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															6.80	7.36	8.20	8.92	9.57

Burger Fuel 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.

Burger Fuel Group (NZSE:BFG) 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.

Burger Fuel Group Cash And Cash Equivalents Related Terms

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Burger Fuel Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Burger Fuel Group Ltd (NZSE:BFG) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

66 Surrey Crescent, Grey Lynn, Auckland, NTL, NZL, 1021

Website

https://www.burgerfuel.com

Burger Fuel Group Ltd engages in the development and management of both franchised and company-owned gourmet burger restaurants. It offers Grass Fed Beef, Free Range Chicken, Gourmet Minis, Gourmet Sides, Drinks, Sauces, and others. The company operates in two segments consisting of geographical locations including New Zeal and the International market. It derives a majority of its revenue from New Zealand.

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