Webjet (ASX:WEB) Cash And Cash Equivalents : A$630.1 Mil (As of Mar. 2024)

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What is Webjet Cash And Cash Equivalents?

Webjet's quarterly cash and cash equivalents increased from Mar. 2023 (A$513.90 Mil) to Sep. 2023 (A$633.80 Mil) but then stayed the same from Sep. 2023 (A$633.80 Mil) to Mar. 2024 (A$630.10 Mil).

Webjet's annual cash and cash equivalents increased from Mar. 2022 (A$433.70 Mil) to Mar. 2023 (A$513.90 Mil) and increased from Mar. 2023 (A$513.90 Mil) to Mar. 2024 (A$630.10 Mil).

Webjet Cash And Cash Equivalents Historical Data

The historical data trend for Webjet'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.

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Webjet Cash And Cash Equivalents Chart

Webjet Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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211.40

209.60

433.70

513.90

630.10

Webjet Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															433.70	503.90	513.90	633.80	630.10

Webjet 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.

Webjet (ASX:WEB) 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.

Webjet Cash And Cash Equivalents Related Terms

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Webjet (ASX:WEB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Webjet Ltd (ASX:WEB) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

WBJ:Germany

Address

509 St Kilda Road, Level 2, Melbourne, VIC, AUS, 3004

Website

https://www.webjetlimited.com

Webjet provides online travel bookings across Europe, Asia Pacific, the Middle East, and Africa. The group operates in both the business to consumer, or B2C, and business to business, or B2B, segments. The B2B business, WebBeds, acts as an intermediary between hotels and wholesale/retail travel service providers. WebBeds is currently the world's second largest B2B accommodation booking provider despite only a circa 4% market share of the fragmented AUD 70 billion global B2B accommodation market. The company's B2C units, Webjet Online Travel Agent, or OTA, and GoSee allow retail customers to book flights, hotel accommodation, holiday packages, travel insurance, rental cars and caravans online.