Roebuck Food Group (LSE:RFG) Cash, Cash Equivalents, Marketable Securities : £1.19 Mil (As of Dec. 2023)

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What is Roebuck Food Group Cash, Cash Equivalents, Marketable Securities?

Roebuck Food Group's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (£1.49 Mil) to Jun. 2023 (£1.06 Mil) but then increased from Jun. 2023 (£1.06 Mil) to Dec. 2023 (£1.19 Mil).

Roebuck Food Group's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (£4.54 Mil) to Dec. 2022 (£1.49 Mil) and declined from Dec. 2022 (£1.49 Mil) to Dec. 2023 (£1.19 Mil).

Roebuck Food Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Roebuck Food 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.

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Roebuck Food Group Cash, Cash Equivalents, Marketable Securities Chart

Roebuck Food Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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1.05

1.55

4.54

1.49

1.19

Roebuck Food Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															4.54	2.26	1.49	1.06	1.19

Roebuck Food 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.

Roebuck Food Group (LSE:RFG) 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.

Roebuck Food Group Cash, Cash Equivalents, Marketable Securities Related Terms

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Roebuck Food Group (LSE:RFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Roebuck Food Group PLC (LSE:RFG) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

7 Carrivekeeney Road, Co.Down, Newry, IRL, BT35 7LU

Website

https://www.roebuckfoodgroup.com

Roebuck Food Group PLC is a warehousing company serving the food manufacturing, distribution, and retailing sectors. Its segments include Product Sourcing Business and Dairy farming. The product sourcing business is a protein sourcing business with a sales footprint across Ireland, the UK, and mainland Europe, expanding into other geographical markets. The dairy business is made up of Cantwellscourt Farm, which is a large A2 milking farm based in Kilkenny, Ireland and Grass 2 Milk which is a value-add functional nutrition business focused on A2 dairy protein with global market potential. It generates maximum revenue from the Product Sourcing Business segment.