Altinkilic Gida ve Sutnayi Ticaret AS (IST:ALKLC) Cash, Cash Equivalents, Marketable Securities : ₺61 Mil (As of Dec. 2024)

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What is Altinkilic Gida ve Sutnayi Ticaret AS Cash, Cash Equivalents, Marketable Securities?

Altinkilic Gida ve Sutnayi Ticaret AS's quarterly cash, cash equivalents, marketable securities declined from Jun. 2024 (₺258.98 Mil) to Sep. 2024 (₺1.44 Mil) but then increased from Sep. 2024 (₺1.44 Mil) to Dec. 2024 (₺60.60 Mil).

Altinkilic Gida ve Sutnayi Ticaret AS's annual cash, cash equivalents, marketable securities increased from Dec. 2022 (₺0.95 Mil) to Dec. 2023 (₺23.27 Mil) and increased from Dec. 2023 (₺23.27 Mil) to Dec. 2024 (₺60.60 Mil).

Altinkilic Gida ve Sutnayi Ticaret AS Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Altinkilic Gida ve Sutnayi Ticaret AS'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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Altinkilic Gida ve Sutnayi Ticaret AS Cash, Cash Equivalents, Marketable Securities Chart

Altinkilic Gida ve Sutnayi Ticaret AS Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Cash, Cash Equivalents, Marketable Securities

9.52

0.95

23.27

60.60

Altinkilic Gida ve Sutnayi Ticaret AS Quarterly Data
	Dec21	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			-	23.27	258.98	1.44	60.60

Altinkilic Gida ve Sutnayi Ticaret AS 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.

Altinkilic Gida ve Sutnayi Ticaret AS (IST:ALKLC) 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.

Altinkilic Gida ve Sutnayi Ticaret AS Cash, Cash Equivalents, Marketable Securities Related Terms

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Altinkilic Gida ve Sutnayi Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Altinkilic Gida ve Sut Sanayi Ticaret AS (IST:ALKLC) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Customs Pier Street 12th Street No:77, Kocatepe district Mega Center A Block, Bayrampasa, Istanbul, TUR

Website

https://www.altinkilic.com

Altinkilic Gida ve Sut Sanayi Ticaret AS is a Company that operates in the fields of manufacturing, packaging, purchasing, selling, wholesale and retail marketing, import and export of all kinds of milk and dairy products. Its main activity is cig milk Jemini which processes the supplied milk into products. The company is active in the milk and dairy products sector and sells and markets products such as kefir, kefir yogurt, cheese group, cheesecolata, and cream.

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