Tristel (Tristel) Cash And Cash Equivalents : $6.03 Mil (As of Dec. 2023)

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What is Tristel Cash And Cash Equivalents?

Tristel's quarterly cash and cash equivalents declined from Dec. 2022 ($10.26 Mil) to Jun. 2023 ($8.98 Mil) but then stayed the same from Jun. 2023 ($8.98 Mil) to Dec. 2023 ($6.03 Mil).

Tristel's annual cash and cash equivalents declined from Jun. 2021 ($11.35 Mil) to Jun. 2022 ($10.94 Mil) and declined from Jun. 2022 ($10.94 Mil) to Jun. 2023 ($8.98 Mil).

Tristel Cash And Cash Equivalents Historical Data

The historical data trend for Tristel'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.

Tristel Cash And Cash Equivalents Chart

Tristel Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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5.29

7.78

11.35

10.94

8.98

Tristel Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															11.67	10.94	10.26	8.98	6.03

Tristel 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.

Tristel (OTCPK:TSNLF) 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.

Tristel Cash And Cash Equivalents Related Terms

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Tristel (Tristel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tristel PLC (OTCPK:TSNLF) » Definitions » Cash And Cash Equivalents

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TSTL:UK

Address

Fordham Road, Unit 1B, Lynx Business Park, Newmarket, Snailwell, Cambridgeshire, GBR, CB8 7NY

Website

https://tristelgroup.com

Tristel PLC is a player in the healthcare platform. The company is a manufacturer of chlorine dioxide chemistry used for the decontamination of medical devices. Its operating segments include three sectors, Hospital medical device decontamination products which are used predominantly for infection control in hospitals; manufacture and sale of hospital environmental surface disinfection products; and pharmaceutical and personal care product manufacturing industries, veterinary and animal welfare. The company generates majority of revenue from Hospital medical device decontamination.

Tristel (Tristel) Headlines

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By GuruFocus Research • 02-28-2024