Reunert (Reunert) Cash, Cash Equivalents, Marketable Securities : $68.4 Mil (As of Sep. 2023)

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What is Reunert Cash, Cash Equivalents, Marketable Securities?

Reunert's quarterly cash, cash equivalents, marketable securities increased from Sep. 2022 ($54.38 Mil) to Mar. 2023 ($55.10 Mil) and increased from Mar. 2023 ($55.10 Mil) to Sep. 2023 ($68.44 Mil).

Reunert's annual cash, cash equivalents, marketable securities declined from Sep. 2021 ($73.19 Mil) to Sep. 2022 ($54.38 Mil) but then increased from Sep. 2022 ($54.38 Mil) to Sep. 2023 ($68.44 Mil).

Reunert Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Reunert'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.

Reunert Cash, Cash Equivalents, Marketable Securities Chart

Reunert Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash, Cash Equivalents, Marketable Securities

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63.33

61.49

73.19

54.38

68.44

Reunert Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															73.19	39.44	54.38	55.10	68.44

Reunert 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.

Reunert (OTCPK:RNRTY) 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.

Reunert Cash, Cash Equivalents, Marketable Securities Related Terms

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Reunert (Reunert) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Reunert Ltd (OTCPK:RNRTY) » Definitions » Cash, Cash Equivalents, Marketable Securities

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RLO:South Africa REU1:Germany

Address

54 Maxwell Drive, Nashua Building, Woodmead North Office Park, Woodmead, Sandton, Johannesburg, GT, ZAF, 2191

Website

https://www.reunert.co.za

Reunert Ltd is an IT contracting company. It derives revenue through three main segments: Electrical Engineering, Information Communication Technologies (ICT), and Applied Electronics. The Electrical Engineering division designs and manufactures electrical energy cables, supplies low and medium-voltage electrical distribution, protection, and control equipment, and designs, manufactures and supplies copper and fiber optic cables, and derives the majority of revenue. The ICT division provides managed services to enterprises, such as managed office products, voice, data, and hosted services as well as unified communications and asset-based finance solutions. Applied Electronics comprises Reutech, which derives revenue from the design and manufacturing of defense products.