Port of Tauranga (NZSE:POT) Cash And Cash Equivalents : NZ$17.0 Mil (As of Dec. 2024)

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What is Port of Tauranga Cash And Cash Equivalents?

Port of Tauranga's quarterly cash and cash equivalents declined from Dec. 2023 (NZ$20.37 Mil) to Jun. 2024 (NZ$18.73 Mil) but then stayed the same from Jun. 2024 (NZ$18.73 Mil) to Dec. 2024 (NZ$17.03 Mil).

Port of Tauranga's annual cash and cash equivalents increased from Jun. 2022 (NZ$7.27 Mil) to Jun. 2023 (NZ$8.51 Mil) and increased from Jun. 2023 (NZ$8.51 Mil) to Jun. 2024 (NZ$18.73 Mil).

Port of Tauranga Cash And Cash Equivalents Historical Data

The historical data trend for Port of Tauranga'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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Port of Tauranga Cash And Cash Equivalents Chart

Port of Tauranga Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash And Cash Equivalents

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8.57

7.89

7.27

8.51

18.73

Port of Tauranga Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															30.74	8.51	20.37	18.73	17.03

Port of Tauranga 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.

Port of Tauranga (NZSE:POT) 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.

Port of Tauranga Cash And Cash Equivalents Related Terms

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Port of Tauranga Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Port of Tauranga Ltd (NZSE:POT) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

PTAUY:USA PKF1:Germany

Address

Salisbury Avenue, Private Bag 12504, Tauranga Mail Centre, Mount Maunganui, Tauranga, NTL, NZL, 3143

Website

https://www.port-tauranga.co.nz

Port of Tauranga is the largest, fastest-growing, and most efficient port in New Zealand. The company was established in 1985 by the government and remains majority owned by the Bay of Plenty Regional Council. The port is connected by road and rail to Auckland, Waikato, and the central North Island. In addition to the port at Tauranga, the firm owns stakes in smaller ports and inland freight hubs closer to Auckland and on the South Island to facilitate trade flows.

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