Westminster Group (LSE:WSG) Cash, Cash Equivalents, Marketable Securities : £-0.19 Mil (As of Dec. 2023)

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What is Westminster Group Cash, Cash Equivalents, Marketable Securities?

Westminster Group's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (£0.29 Mil) to Jun. 2023 (£0.05 Mil) but then stayed the same from Jun. 2023 (£0.05 Mil) to Dec. 2023 (£-0.19 Mil).

Westminster Group's annual cash, cash equivalents, marketable securities increased from Dec. 2019 (£0.56 Mil) to Dec. 2020 (£2.14 Mil) but then declined from Dec. 2020 (£2.14 Mil) to Dec. 2021 (£0.94 Mil).

Westminster Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Westminster 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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Westminster Group Cash, Cash Equivalents, Marketable Securities Chart

Westminster Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash, Cash Equivalents, Marketable Securities

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0.39

0.29

0.56

2.14

0.94

Westminster 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															0.94	0.40	0.29	0.05	-0.19

Westminster 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.

Westminster Group (LSE:WSG) 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.

Westminster Group Cash, Cash Equivalents, Marketable Securities Related Terms

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Westminster Group (LSE:WSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Westminster Group PLC (LSE:WSG) » Definitions » Cash, Cash Equivalents, Marketable Securities

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3W5:Germany

Address

Blacklocks Hill, Westminster House, Banbury, Oxfordshire, GBR, OX17 2BS

Website

https://www.wsg-corporate.com

Westminster Group PLC designs, supplies, and provides ongoing support for technology security solutions. The company's operating division includes managed services and technology segments. The company generates maximum revenue from the managed services segment. Geographically, the company derives a majority of its revenue from the Middle East and also has a presence in the United Kingdom and Europe, Africa, and the Rest of the World. The activities of the company include the design, supply, and ongoing support of technology security solutions, encompassing a wide range of surveillance, detection, tracking, and interception technologies and the provision of long-term managed services.