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DTI Group (ASX:DTI) Cash And Cash Equivalents : A$0.88 Mil (As of Dec. 2023)


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What is DTI Group Cash And Cash Equivalents?

DTI Group's quarterly cash and cash equivalents declined from Dec. 2022 (A$1.28 Mil) to Jun. 2023 (A$1.11 Mil) but then stayed the same from Jun. 2023 (A$1.11 Mil) to Dec. 2023 (A$0.88 Mil).

DTI Group's annual cash and cash equivalents increased from Jun. 2021 (A$0.77 Mil) to Jun. 2022 (A$1.56 Mil) but then declined from Jun. 2022 (A$1.56 Mil) to Jun. 2023 (A$1.11 Mil).

DTI Group Cash And Cash Equivalents Historical Data

The historical data trend for DTI Group's Cash And Cash Equivalents 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.

DTI Group Cash And Cash Equivalents Chart

DTI Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only 2.03 2.70 0.77 1.56 1.11

DTI Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash And Cash Equivalents 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 2.18 1.56 1.28 1.11 0.88

DTI Group Cash And Cash Equivalents 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.

DTI Group  (ASX:DTI) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

DTI Group Cash And Cash Equivalents Related Terms

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DTI Group (ASX:DTI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » DTI Group Ltd (ASX:DTI) » Definitions » Cash And Cash Equivalents
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Traded in Other Exchanges
N/A
Address
31 Affleck Road, Perth Airport, Perth, WA, AUS, 6105
Website
https://www.dti.com.au
DTI Group Ltd develops and provides surveillance, video analytics, and passenger information systems technology and services to the mobile transit industry. The customers include transit agencies, vehicle operators, vehicle manufacturers, and law enforcement agencies. Its products and services are classified into four categories surveillance solutions, Passenger communication solutions, Video analytics and Managed Services. Its geographical segments include Australia, Europe & Others, and North America, of which the majority of the revenue is generated from Australia.