essensys (LSE:ESYS) Cash, Cash Equivalents, Marketable Securities : £3.46 Mil (As of Jan. 2024)

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What is essensys Cash, Cash Equivalents, Marketable Securities?

essensys's quarterly cash, cash equivalents, marketable securities declined from Jan. 2023 (£12.60 Mil) to Jul. 2023 (£7.86 Mil) but then stayed the same from Jul. 2023 (£7.86 Mil) to Jan. 2024 (£3.46 Mil).

essensys's annual cash, cash equivalents, marketable securities declined from Jul. 2021 (£36.90 Mil) to Jul. 2022 (£24.12 Mil) and declined from Jul. 2022 (£24.12 Mil) to Jul. 2023 (£7.86 Mil).

essensys Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for essensys'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.

essensys Cash, Cash Equivalents, Marketable Securities Chart

essensys Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash, Cash Equivalents, Marketable Securities

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2.69

8.50

36.90

24.12

7.86

essensys Semi-Annual Data
	Jul16	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial										30.45	24.12	12.60	7.86	3.46

essensys 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.

essensys (LSE:ESYS) 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.

essensys Cash, Cash Equivalents, Marketable Securities Related Terms

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essensys (LSE:ESYS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » essensys PLC (LSE:ESYS) » Definitions » Cash, Cash Equivalents, Marketable Securities

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3L8:Germany

Address

2 Leman Street, Aldgate Tower, 7th Floor, London, GBR, E1 8FA

Website

https://www.essensys.tech

essensys PLC is engaged in providing SaaS platforms and on-demand cloud services to the flexible workspace industry. Its software is designed and developed to solve the complex operational challenges faced by multi-site flexible workspace. The group's technology allows operators to deliver a range of differentiated flexible and customer-specific services to a broad base of tenants across multiple locations and helps operators to manage the cost, operational and technological challenges. Geographically, it operates in United Kingdom and Europe, North America and Asia Pacific region, out of which it derives a majority of revenue from the North America.

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