Asbury Automotive Group (STU:AWG) Cash And Cash Equivalents : €115 Mil (As of Mar. 2025)

View and export this data going back to 2017. Start your Free Trial

What is Asbury Automotive Group Cash And Cash Equivalents?

Asbury Automotive Group's quarterly cash and cash equivalents increased from Sep. 2024 (€54.33 Mil) to Dec. 2024 (€66.28 Mil) and increased from Dec. 2024 (€66.28 Mil) to Mar. 2025 (€115.26 Mil).

Asbury Automotive Group's annual cash and cash equivalents declined from Dec. 2022 (€222.12 Mil) to Dec. 2023 (€41.91 Mil) but then increased from Dec. 2023 (€41.91 Mil) to Dec. 2024 (€66.28 Mil).

Asbury Automotive Group Cash And Cash Equivalents Historical Data

The historical data trend for Asbury Automotive 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.

* Premium members only.

Asbury Automotive Group Cash And Cash Equivalents Chart

Asbury Automotive Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

Get a 7-Day Free Trial

1.15

158.33

222.12

41.91

66.28

Asbury Automotive Group Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash And Cash Equivalents	Get a 7-Day Free Trial															26.68	62.43	54.33	66.28	115.26

Asbury Automotive 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.

Asbury Automotive Group (STU:AWG) 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.

Asbury Automotive Group Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Asbury Automotive Group's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Asbury Automotive Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Asbury Automotive Group Inc (STU:AWG) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ABG:USA

Address

2905 Premiere Parkway, NW, Suite 300, Duluth, GA, USA, 30097

Website

https://www.asburyauto.com

Asbury Automotive Group is a regional collection of automobile dealerships that went public in March 2002. The company operates 152 new-vehicle stores and 37 collision centers. Over 70% of new-vehicle revenue is from luxury and import brands. Asbury also offers third-party financing and insurance products and its own F&I products via Total Care Auto. Asbury operates in 14 states (mostly Texas, the West, the Mid-Atlantic, and the Southeast). Asbury store brands include McDavid and Park Place in Texas, Koons in the Washington, D.C. area, and the Larry H. Miller brand in the Western US. Asbury generated $17.2 billion of revenue in 2024 and is based in the Atlanta area. The firm targets at least $30 billion of revenue sometime around 2030.

Asbury Automotive Group Headlines

No Headlines