Ai-Media Technologies (ASX:AIM) Cash, Cash Equivalents, Marketable Securities : A$11.09 Mil (As of Jun. 2024)

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What is Ai-Media Technologies Cash, Cash Equivalents, Marketable Securities?

Ai-Media Technologies's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 (A$17.15 Mil) to Dec. 2023 (A$11.83 Mil) but then stayed the same from Dec. 2023 (A$11.83 Mil) to Jun. 2024 (A$11.09 Mil).

Ai-Media Technologies's annual cash, cash equivalents, marketable securities increased from Jun. 2022 (A$15.46 Mil) to Jun. 2023 (A$17.15 Mil) but then declined from Jun. 2023 (A$17.15 Mil) to Jun. 2024 (A$11.09 Mil).

Ai-Media Technologies Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Ai-Media Technologies's Cash, Cash Equivalents, Marketable Securities 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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Ai-Media Technologies Cash, Cash Equivalents, Marketable Securities Chart

Ai-Media Technologies Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Cash, Cash Equivalents, Marketable Securities

18.14

15.46

17.15

11.09

Ai-Media Technologies Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial				15.46	14.75	17.15	11.83	11.09

Ai-Media Technologies Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Ai-Media Technologies (ASX:AIM) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Ai-Media Technologies Cash, Cash Equivalents, Marketable Securities Related Terms

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Ai-Media Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Ai-Media Technologies Ltd (ASX:AIM) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

103 Miller Street, Level 1, North Sydney, NSW, AUS, 2060

Website

https://www.ai-media.tv

Ai-Media Technologies Ltd is a provider of live and recorded captioning, transcription, subtitles, translation, and speech analytics using a proprietary, cloud-based technology platform. The company has three operating segments based on geographical locations: Australia and New Zealand, North America (which includes Canada and the United States of America), and the Rest of the world (which includes the United Kingdom, Singapore, and Malaysia) and the majority of its revenue generates from North America.