Vertu Motors (STU:V2N) Cash And Cash Equivalents : €83 Mil (As of Feb. 2024)

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What is Vertu Motors Cash And Cash Equivalents?

Vertu Motors's quarterly cash and cash equivalents declined from Feb. 2023 (€89.10 Mil) to Aug. 2023 (€55.80 Mil) but then increased from Aug. 2023 (€55.80 Mil) to Feb. 2024 (€82.63 Mil).

Vertu Motors's annual cash and cash equivalents declined from Feb. 2022 (€99.89 Mil) to Feb. 2023 (€89.10 Mil) and declined from Feb. 2023 (€89.10 Mil) to Feb. 2024 (€82.63 Mil).

Vertu Motors Cash And Cash Equivalents Historical Data

The historical data trend for Vertu Motors'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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Vertu Motors Cash And Cash Equivalents Chart

Vertu Motors Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash And Cash Equivalents

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48.51

77.80

99.89

89.10

82.63

Vertu Motors Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Cash And Cash Equivalents	Get a 7-Day Free Trial															99.89	101.49	89.10	55.80	82.63

Vertu Motors 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.

Vertu Motors (STU:V2N) 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.

Vertu Motors Cash And Cash Equivalents Related Terms

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Vertu Motors (STU:V2N) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vertu Motors PLC (STU:V2N) » Definitions » Cash And Cash Equivalents

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Address

Vertu House, 5th Avenue Business Park, Team Valley, Gateshead, Tyne and Wear, GBR, NE11 0XA

Website

https://www.vertumotors.com

Vertu Motors PLC is an automotive retailer in the United Kingdom. The business activity of the group includes selling new cars, motorcycles, commercial vehicles, and used vehicles, together with after-sale services. It operates through various franchise dealerships, such as Volkswagen, Land Rover, Audi, Mercedes-Benz, Jaguar, Kia, Toyota, and many others. The company generates maximum revenue from Used cars.

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