Ariston Holdings (XZIM:ARIS.ZW) Cash And Cash Equivalents : ZWG0 Mil (As of Mar. 2024)

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What is Ariston Holdings Cash And Cash Equivalents?

Ariston Holdings's quarterly cash and cash equivalents increased from Mar. 2023 (ZWG36.00 Mil) to Sep. 2023 (ZWG585.81 Mil) but then stayed the same from Sep. 2023 (ZWG585.81 Mil) to Mar. 2024 (ZWG0.32 Mil).

Ariston Holdings's annual cash and cash equivalents increased from Sep. 2021 (ZWG7.87 Mil) to Sep. 2022 (ZWG1,669.74 Mil) but then declined from Sep. 2022 (ZWG1,669.74 Mil) to Sep. 2023 (ZWG585.81 Mil).

Ariston Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Ariston 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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Ariston Holdings Cash And Cash Equivalents Chart

Ariston Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash And Cash Equivalents

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34.92

27.15

7.87

1,669.74

585.81

Ariston Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															4.76	1,669.74	36.00	585.81	0.32

Ariston 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.

Ariston Holdings (XZIM:ARIS.ZW) 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.

Ariston Holdings Cash And Cash Equivalents Related Terms

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Ariston Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ariston Holdings Ltd (XZIM:ARIS.ZW) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

18 Coghlan Road, P. O. Box 4019 , Greendale, Harare, ZWE

Website

http://www.ariston.co.zw

Ariston Holdings Ltd is an agro-industrial company. Its principal activities are farming operations which include, tea, macadamia nuts, horticulture, deciduous fruits, fishery, poultry and horticulture. The company is organized into three operating divisions. The Southdown Estates division is engaged in the growing and manufacturing of tea, macadamia nuts, avocados, potatoes, and bananas as well as generates maximum revenue. Claremont Estate division is engaged in the growing of pome and stone fruit, passion fruit, and potatoes. Kent Estate division engages in the growing of horticultural crops, and the rearing of poultry and livestock.

Ariston Holdings Headlines

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