Milton Capital (LSE:MII) Cash, Cash Equivalents, Marketable Securities : £0.79 Mil (As of Jan. 2024)

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What is Milton Capital Cash, Cash Equivalents, Marketable Securities?

Milton Capital's quarterly cash, cash equivalents, marketable securities increased from Jan. 2023 (£0.00 Mil) to Jul. 2023 (£0.91 Mil) but then stayed the same from Jul. 2023 (£0.91 Mil) to Jan. 2024 (£0.79 Mil).

Milton Capital's annual cash, cash equivalents, marketable securities stayed the same from . 20 (£0.00 Mil) to Jan. 2023 (£0.00 Mil) but then increased from Jan. 2023 (£0.00 Mil) to Jan. 2024 (£0.79 Mil).

Milton Capital Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Milton Capital'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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Milton Capital Cash, Cash Equivalents, Marketable Securities Chart

Milton Capital Annual Data

Trend

Jan23

Jan24

Cash, Cash Equivalents, Marketable Securities

0.79

Milton Capital Semi-Annual Data
	Jan23	Jul23	Jan24
Cash, Cash Equivalents, Marketable Securities	-	0.91	0.79

Milton Capital 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.

Milton Capital (LSE:MII) 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.

Milton Capital Cash, Cash Equivalents, Marketable Securities Related Terms

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Milton Capital (LSE:MII) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Milton Capital PLC (LSE:MII) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Cheapside, 3rd Floor, London, GBR, EC2V 6EE

Website

http://www.milton-capital.co.uk

Milton Capital PLC is a special-purpose acquisition company. The company was formed to undertake one or more acquisitions (which may be in the form of a merger, capital stock exchange, asset acquisition, stock purchase, scheme of the arrangement, reorganization, or similar business combination) of a minority or majority interest in a company or business.

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