Fulcrum Utility Services (LSE:FCRM) Cash, Cash Equivalents, Marketable Securities : £3.37 Mil (As of Mar. 2023)

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What is Fulcrum Utility Services Cash, Cash Equivalents, Marketable Securities?

Fulcrum Utility Services's quarterly cash, cash equivalents, marketable securities declined from Mar. 2022 (£11.18 Mil) to Sep. 2022 (£4.77 Mil) but then stayed the same from Sep. 2022 (£4.77 Mil) to Mar. 2023 (£3.37 Mil).

Fulcrum Utility Services's annual cash, cash equivalents, marketable securities increased from Mar. 2021 (£3.93 Mil) to Mar. 2022 (£11.18 Mil) but then declined from Mar. 2022 (£11.18 Mil) to Mar. 2023 (£3.37 Mil).

Fulcrum Utility Services Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Fulcrum Utility Services'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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Fulcrum Utility Services Cash, Cash Equivalents, Marketable Securities Chart

Fulcrum Utility Services Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

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6.82

15.97

3.93

11.18

3.37

Fulcrum Utility Services Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															3.93	1.04	11.18	4.77	3.37

Fulcrum Utility Services 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.

Fulcrum Utility Services (LSE:FCRM) 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.

Fulcrum Utility Services Cash, Cash Equivalents, Marketable Securities Related Terms

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Fulcrum Utility Services (LSE:FCRM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fulcrum Utility Services Ltd (LSE:FCRM) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

2 Europa View, Sheffield Business Park, Sheffield, South Yorkshire, GBR, S9 1XH

Website

https://www.fulcrum.co.uk

Fulcrum Utility Services Ltd is an independent multi-utility infrastructure and services provider. The principal activities are the provision of unregulated utility connections and independent gas transportation services in the United Kingdom. The company designs and project manages utility connections for customers seeking either new connections or the alteration or refurbishment of existing connections ranging from single-site alterations to multi-utility and multi-site new connections. It has two operating segments namely Infrastructure: Design and Build and Utility assets: Own and Operate. The company generates maximum revenue from Infrastructure: Design and Build segment. Geographically, it derives revenue from the United Kingdom.

Fulcrum Utility Services (LSE:FCRM) Headlines

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