Retail Food Group (ASX:RFG) Cash, Cash Equivalents, Marketable Securities : A$21.0 Mil (As of Dec. 2023)

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What is Retail Food Group Cash, Cash Equivalents, Marketable Securities?

Retail Food Group's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (A$25.74 Mil) to Jun. 2023 (A$23.14 Mil) but then stayed the same from Jun. 2023 (A$23.14 Mil) to Dec. 2023 (A$21.00 Mil).

Retail Food Group's annual cash, cash equivalents, marketable securities declined from Jun. 2021 (A$34.65 Mil) to Jun. 2022 (A$30.90 Mil) and declined from Jun. 2022 (A$30.90 Mil) to Jun. 2023 (A$23.14 Mil).

Retail Food Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Retail Food Group'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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Retail Food Group Cash, Cash Equivalents, Marketable Securities Chart

Retail Food Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash, Cash Equivalents, Marketable Securities

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12.32

40.25

34.65

30.90

23.14

Retail Food Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															33.64	30.90	25.74	23.14	21.00

Retail Food Group 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.

Retail Food Group (ASX:RFG) 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.

Retail Food Group Cash, Cash Equivalents, Marketable Securities Related Terms

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Retail Food Group (ASX:RFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Retail Food Group Ltd (ASX:RFG) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

RFGPF:USA

Address

35 Robina Town Centre Drive, Level 4, Robina, QLD, AUS, 4226

Website

https://www.rfg.com.au

Retail Food Group Ltd owns, operates, and franchises restaurants primarily located in Australia. Retail Food Group's brands include Donut King, Michel's Patisserie, Brumby's Bakery, Esquires Coffee Houses, Gloria Jean's Coffees, Pizza Capers Gourmet Kitchen, and Crust Gourmet Pizza. The company generates roughly half its revenue from restaurants that it directly operates. Its major source of revenue is from franchise agreements. The Group's primary revenue streams include revenue from the sales of goods, revenue from the sale of franchise agreements, revenue from the sale of distribution rights, operating lease income, and other sources. Its segment is Bakery/Café Division, QSR Division, Coffee Retail Division and Di Bella Coffee. It generates maximum revenue from Coffee Retail Division.