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Techtronic Industries Co (STU:TIB1) Cash, Cash Equivalents, Marketable Securities : €1,158 Mil (As of Jun. 2024)


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What is Techtronic Industries Co Cash, Cash Equivalents, Marketable Securities?

Techtronic Industries Co's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 (€1,389.34 Mil) to Dec. 2023 (€898.07 Mil) but then increased from Dec. 2023 (€898.07 Mil) to Jun. 2024 (€1,157.73 Mil).

Techtronic Industries Co's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (€1,673.25 Mil) to Dec. 2022 (€1,361.62 Mil) and declined from Dec. 2022 (€1,361.62 Mil) to Dec. 2023 (€898.07 Mil).


Techtronic Industries Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Techtronic Industries Co'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.

Techtronic Industries Co Cash, Cash Equivalents, Marketable Securities Chart

Techtronic Industries Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash, Cash Equivalents, Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,292.78 1,275.45 1,673.25 1,361.62 898.07

Techtronic Industries Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,216.93 1,361.62 1,389.34 898.07 1,157.73

Techtronic Industries Co 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.


Techtronic Industries Co  (STU:TIB1) 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.


Techtronic Industries Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Techtronic Industries Co Business Description

Industry
Traded in Other Exchanges
Address
51 Kwai Cheong Road, 29th Floor, Tower 2, Kowloon Commerce Centre, Kwai Chung, New Territories, Hong Kong, HKG
Techtronic Industries Co Ltd is a designer and manufacturer of power tools. It operates in two segments namely Power Equipment and Floorcare and Cleaning. The company generates maximum revenue from the Power Equipment segment. Its Power Equipment segment includes sales of power tools, power tool accessories, outdoor products, and outdoor product accessories for consumer, trade, professional, and industrial users. The products are available under the MILWAUKEE, EMPIRE, AEG, RYOBI, and HOMELITE brands plus original equipment manufacturer (OEM) customers. Geographically, it derives a majority of its revenue from North America.

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