GNSPF (GenusPlus Group) Cash, Cash Equivalents, Marketable Securities : $67.3 Mil (As of Jun. 2024)

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What is GenusPlus Group Cash, Cash Equivalents, Marketable Securities?

GenusPlus Group's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 ($31.59 Mil) to Dec. 2023 ($33.86 Mil) and increased from Dec. 2023 ($33.86 Mil) to Jun. 2024 ($67.26 Mil).

GenusPlus Group's annual cash, cash equivalents, marketable securities increased from Jun. 2022 ($19.59 Mil) to Jun. 2023 ($31.59 Mil) and increased from Jun. 2023 ($31.59 Mil) to Jun. 2024 ($67.26 Mil).

GenusPlus Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for GenusPlus 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.

* Premium members only.

GenusPlus Group Cash, Cash Equivalents, Marketable Securities Chart

GenusPlus Group Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Cash, Cash Equivalents, Marketable Securities

20.58

26.13

19.59

31.59

67.26

GenusPlus Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			19.59	19.04	31.59	33.86	67.26

GenusPlus 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.

GenusPlus Group (OTCPK:GNSPF) 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.

GenusPlus Group Cash, Cash Equivalents, Marketable Securities Related Terms

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GenusPlus Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » GenusPlus Group Ltd (OTCPK:GNSPF) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

GNP:Australia

Address

63 - 69 Abernethy Road, Level 1, Belmont, Perth, WA, AUS, 6104

Website

https://www.genusplusgroup.com.au

GenusPlus Group Ltd is a services provider in the design, construction, and maintenance of electricity transmission, electricity distribution, and telecommunications infrastructure. Also, the company provides integrated engineering and training services. All of its activities are carried throughout Australia.

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