Redflex Holdings (Redflex Holdings) Cash And Cash Equivalents : $11.50 Mil (As of Dec. 2020)

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What is Redflex Holdings Cash And Cash Equivalents?

Redflex Holdings's quarterly cash and cash equivalents increased from Dec. 2019 ($10.05 Mil) to Jun. 2020 ($15.41 Mil) but then stayed the same from Jun. 2020 ($15.41 Mil) to Dec. 2020 ($11.50 Mil).

Redflex Holdings's annual cash and cash equivalents increased from Jun. 2018 ($14.14 Mil) to Jun. 2019 ($14.73 Mil) and increased from Jun. 2019 ($14.73 Mil) to Jun. 2020 ($15.41 Mil).

Redflex Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Redflex Holdings'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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Redflex Holdings Cash And Cash Equivalents Chart

Redflex Holdings Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Cash And Cash Equivalents

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9.21

6.20

14.14

14.73

15.41

Redflex Holdings Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Cash And Cash Equivalents	Get a 7-Day Free Trial															14.38	14.73	10.05	15.41	11.50

Redflex Holdings 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.

Redflex Holdings (OTCPK:RFLXY) 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.

Redflex Holdings Cash And Cash Equivalents Related Terms

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Redflex Holdings (Redflex Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Redflex Holdings Ltd (OTCPK:RFLXY) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

31 Market Street, South Melbourne, Melbourne, VIC, AUS, 3205

Website

http://www.redflex.com

Redflex Holdings Ltd designs and manufactures solutions for road congestion and safety, effective flow of traffic, ticketless parking systems, video surveillance, and back-office solutions. The company's geographical segments include the Americas and Australia/International. It generates maximum revenue from the Americas segment. The America's traffic business is predominantly a Build Own Operate and Maintain (BOOM) business providing fully outsourced traffic enforcement programs. Its Australia/International traffic business involves the sale of traffic enforcement products.

Redflex Holdings (Redflex Holdings) Headlines

From GuruFocus

Verra Mobility Announces Closing Of Redflex Holdings Acquisition

By PRNewswire PRNewswire • 06-18-2021

Verra Mobility Enters into Binding Agreement to Acquire Redflex Holdings Limited

By PRNewswire PRNewswire • 01-22-2021