The London Tunnels (XAMS:TLT) Cash, Cash Equivalents, Marketable Securities : £5.50 Mil (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is The London Tunnels Cash, Cash Equivalents, Marketable Securities?

The London Tunnels's quarterly cash, cash equivalents, marketable securities increased from Dec. 2021 (£0.00 Mil) to Sep. 2023 (£1.18 Mil) and increased from Sep. 2023 (£1.18 Mil) to Sep. 2024 (£5.50 Mil).

The London Tunnels Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for The London Tunnels'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.

The London Tunnels Cash, Cash Equivalents, Marketable Securities Chart

The London Tunnels Annual Data

Trend

Cash, Cash Equivalents, Marketable Securities

The London Tunnels Semi-Annual Data
	Dec21	Sep23	Sep24
Cash, Cash Equivalents, Marketable Securities	-	1.18	5.50

The London Tunnels 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.

The London Tunnels (XAMS:TLT) 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.

The London Tunnels Cash, Cash Equivalents, Marketable Securities Related Terms

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

The London Tunnels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » The London Tunnels PLC (XAMS:TLT) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

2nd Floor Nicola Jane House, Southern Gate, Chichester, West Sussex, Chichester, GBR, PO19 8SE

Website

https://thelondontunnels.com

The London Tunnels PLC is engaged in operation of historical sites and buildings and similar visitor attractions. The business of the Company comprises of one operating segment being the proposed development of the Tunnels.