The Calmer Co International (ASX:CCO) Cash, Cash Equivalents, Marketable Securities : A$1.10 Mil (As of Jun. 2024)

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What is The Calmer Co International Cash, Cash Equivalents, Marketable Securities?

The Calmer Co International's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 (A$0.46 Mil) to Dec. 2023 (A$0.61 Mil) and increased from Dec. 2023 (A$0.61 Mil) to Jun. 2024 (A$1.10 Mil).

The Calmer Co International's annual cash, cash equivalents, marketable securities declined from Jun. 2022 (A$0.81 Mil) to Jun. 2023 (A$0.46 Mil) but then increased from Jun. 2023 (A$0.46 Mil) to Jun. 2024 (A$1.10 Mil).

The Calmer Co International Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for The Calmer Co International'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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The Calmer Co International Cash, Cash Equivalents, Marketable Securities Chart

The Calmer Co International Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash, Cash Equivalents, Marketable Securities

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1.43

1.18

0.81

0.46

1.10

The Calmer Co International Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial							0.81	0.61	0.46	0.61	1.10

The Calmer Co International 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.

The Calmer Co International (ASX:CCO) 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.

The Calmer Co International Cash, Cash Equivalents, Marketable Securities Related Terms

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The Calmer Co International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Calmer Co International Ltd (ASX:CCO) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

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Address

96 Victoria Street, West End, Brisbane, QLD, AUS, 4101

Website

https://www.thecalmerco.com

The Calmer Co International Ltd is mainly engaged in the research, development, and selling of kava extracts as a consumer product. Its business objective is the primary production of kava through a network of outsourced kava farms and via its Farm located in Fiji and the production and sale of kava supplements and complementary medicines. The company has produced three types of products in the market: shots, powders, and capsules. Its reportable segments are; Fiji Kava Australia Trading Pty Ltd (Fiji Kava Australia Trading) which derives maximum revenue, South Pacific Elixirs Pty Limited (SPE Fiji), Fiji Kava Inc (USA), and Danodan Hempworks LLC (USA). Geographically, it derives key revenue from Australia and the rest from Fiji, and other regions.