Federated Hermes (FRA:3KC) Ending Cash Position : €335 Mil (As of Mar. 2024)

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What is Federated Hermes Ending Cash Position?

Federated Hermes's Ending Cash Position for the quarter that ended in Mar. 2024 was €335 Mil.

Federated Hermes's quarterly Ending Cash Position declined from Sep. 2023 (€357 Mil) to Dec. 2023 (€355 Mil) and declined from Dec. 2023 (€355 Mil) to Mar. 2024 (€335 Mil).

Federated Hermes's annual Ending Cash Position increased from Dec. 2021 (€211 Mil) to Dec. 2022 (€322 Mil) and increased from Dec. 2022 (€322 Mil) to Dec. 2023 (€355 Mil).

Federated Hermes Ending Cash Position Historical Data

The historical data trend for Federated Hermes's Ending Cash Position 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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Federated Hermes Ending Cash Position Chart

Federated Hermes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Ending Cash Position

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224.56

253.70

210.68

321.86

354.84

Federated Hermes Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Ending Cash Position	Get a 7-Day Free Trial															306.58	320.43	357.22	354.84	334.54

Federated Hermes Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Federated Hermes's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	312.656	+	42.181
	=	355

Federated Hermes's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	355.997	+	-21.454
	=	335

Federated Hermes Ending Cash Position Related Terms

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Federated Hermes (FRA:3KC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Federated Hermes Inc (FRA:3KC) » Definitions » Ending Cash Position

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FHI:USA

Address

1001 Liberty Avenue, Pittsburgh, PA, USA, 15222-3779

Website

https://www.federatedhermes.com

Federated provides asset management services for institutional and individual investors. The company had $715.2 billion in managed assets at the end of September 2023, composed of equity (11%), multi-asset (less than 1%), fixed-income (13%), alternative (3%), and money market (73%) funds. That said, the firm's cash-management operations are expected to generate around 46% of Federated's revenue this year, compared with 31%, 12%, and 11%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (63% of AUM), institutional investors (27%), and international clients (10%).

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