Winton Land (NZSE:WIN) Cash, Cash Equivalents, Marketable Securities : NZ$99.3 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Winton Land Cash, Cash Equivalents, Marketable Securities?

Winton Land's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (NZ$89.01 Mil) to Jun. 2023 (NZ$76.31 Mil) but then increased from Jun. 2023 (NZ$76.31 Mil) to Dec. 2023 (NZ$99.29 Mil).

Winton Land's annual cash, cash equivalents, marketable securities declined from Jun. 2021 (NZ$398.20 Mil) to Jun. 2022 (NZ$204.82 Mil) and declined from Jun. 2022 (NZ$204.82 Mil) to Jun. 2023 (NZ$76.31 Mil).

Winton Land Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Winton Land'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.

Winton Land Cash, Cash Equivalents, Marketable Securities Chart

Winton Land Annual Data

Trend

Jun21

Jun22

Jun23

Cash, Cash Equivalents, Marketable Securities

398.20

204.82

76.31

Winton Land Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	378.58	204.82	89.01	76.31	99.29

Winton Land 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.

Winton Land (NZSE:WIN) 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.

Winton Land Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Winton Land's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Winton Land (NZSE:WIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Winton Land Ltd (NZSE:WIN) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

WTN:Australia

Address

10 Viaduct Harbour Avenue, Level 4, Auckland, NTL, NZL, 1010

Website

https://www.winton.nz

Winton Land Ltd is a privately owned developer with projects in New Zealand and Australia. It specializes in developing integrated and fully master-planned communities. The company has a portfolio of several resident lots, dwellings, apartment units, and retirement village units. The company has three reportable segments which are Residential development, Retirement villages, and Commercial portfolio and the company generates the majority of its revenue from residential development.

Winton Land (NZSE:WIN) Headlines

No Headlines