Halo Technologies Holdings (ASX:HAL) Cash And Cash Equivalents : A$8.54 Mil (As of Dec. 2023)

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What is Halo Technologies Holdings Cash And Cash Equivalents?

Halo Technologies Holdings's quarterly cash and cash equivalents declined from Dec. 2022 (A$15.41 Mil) to Jun. 2023 (A$13.51 Mil) but then stayed the same from Jun. 2023 (A$13.51 Mil) to Dec. 2023 (A$8.54 Mil).

Halo Technologies Holdings's annual cash and cash equivalents declined from Dec. 2021 (A$20.98 Mil) to Dec. 2022 (A$15.41 Mil) and declined from Dec. 2022 (A$15.41 Mil) to Dec. 2023 (A$8.54 Mil).

Halo Technologies Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Halo Technologies Holdings'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.

Halo Technologies Holdings Cash And Cash Equivalents Chart

Halo Technologies Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Cash And Cash Equivalents

20.98

15.41

8.54

Halo Technologies Holdings Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	19.00	15.41	13.51	8.54

Halo Technologies Holdings 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.

Halo Technologies Holdings (ASX:HAL) 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.

Halo Technologies Holdings Cash And Cash Equivalents Related Terms

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Halo Technologies Holdings (ASX:HAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Halo Technologies Holdings Ltd (ASX:HAL) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Barrack Street, Level 4, Sydney, NSW, AUS, 2000

Website

https://www.halo-technologies.com

Halo Technologies Holdings Ltd is a provider and developer of financial services and technology. Halo is an online global equities research and trade execution software solution that brings sophisticated institutional-grade analytical frameworks and market insights to everyday investors. Halo includes two distinct and integrated offerings in HALO global, designed for hands on investors who want professional grade tools without the cost, and HALO Trading which offers global trade execution capability and ready-made themed investment portfolios that are ideal for low-touch and values based investors and SMSFs.