Restaurant Brands NZ (Restaurant Brands NZ) Cash And Cash Equivalents : $19.7 Mil (As of Dec. 2023)

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What is Restaurant Brands NZ Cash And Cash Equivalents?

Restaurant Brands NZ's quarterly cash and cash equivalents declined from Dec. 2022 ($18.98 Mil) to Jun. 2023 ($10.51 Mil) but then increased from Jun. 2023 ($10.51 Mil) to Dec. 2023 ($19.65 Mil).

Restaurant Brands NZ's annual cash and cash equivalents declined from Dec. 2021 ($30.63 Mil) to Dec. 2022 ($18.98 Mil) but then increased from Dec. 2022 ($18.98 Mil) to Dec. 2023 ($19.65 Mil).

Restaurant Brands NZ Cash And Cash Equivalents Historical Data

The historical data trend for Restaurant Brands NZ'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.

* Premium members only.

Restaurant Brands NZ Cash And Cash Equivalents Chart

Restaurant Brands NZ Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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10.27

25.30

30.63

18.98

19.65

Restaurant Brands NZ Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															30.63	21.06	18.98	10.51	19.65

Restaurant Brands NZ 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.

Restaurant Brands NZ (OTCPK:RTBRF) 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.

Restaurant Brands NZ Cash And Cash Equivalents Related Terms

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Restaurant Brands NZ (Restaurant Brands NZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Restaurant Brands NZ Ltd (OTCPK:RTBRF) » Definitions » Cash And Cash Equivalents

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RBD:New Zealand RBD:Australia

Address

666 Great South Road, Level 3, Level 3, Building 7, Central Park, Penrose, Auckland, NTL, NZL, 1051

Website

https://www.restaurantbrands.co.nz

Restaurant Brands NZ Ltd, together with its subsidiaries, operates quick service and takeaway restaurant concepts. The company's business includes KFC and Carl's Jr. It has various brands, consisting of KFC New Zealand, KFC Australia, Taco Bell, and Carl's Jr. stores. The company has purchased approximately more than 90 KFC stores in New South Wales, Australia, and also acquired the New Zealand franchise for Carl's Jr.

Restaurant Brands NZ (Restaurant Brands NZ) Headlines

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