Creative Technology (Creative Technology) Cash And Cash Equivalents : $52.05 Mil (As of Dec. 2023)

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What is Creative Technology Cash And Cash Equivalents?

Creative Technology's quarterly cash and cash equivalents declined from Dec. 2022 ($61.17 Mil) to Jun. 2023 ($56.32 Mil) but then stayed the same from Jun. 2023 ($56.32 Mil) to Dec. 2023 ($52.05 Mil).

Creative Technology's annual cash and cash equivalents declined from Jun. 2021 ($86.20 Mil) to Jun. 2022 ($71.29 Mil) and declined from Jun. 2022 ($71.29 Mil) to Jun. 2023 ($56.32 Mil).

Creative Technology Cash And Cash Equivalents Historical Data

The historical data trend for Creative Technology'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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Creative Technology Cash And Cash Equivalents Chart

Creative Technology Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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107.77

96.77

86.20

71.29

56.32

Creative Technology Semi-Annual Data
	Jun14	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															87.19	71.29	61.17	56.32	52.05

Creative Technology 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.

Creative Technology (OTCPK:CREAF) 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.

Creative Technology Cash And Cash Equivalents Related Terms

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Creative Technology (Creative Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Creative Technology Ltd (OTCPK:CREAF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

C76:Singapore CTL:Germany

Address

31 International Business Park, No. 03-01 Creative Labs Pte Ltd, Singapore, SGP, 609921

Website

http://www.creative.com

Creative Technology Ltd operates as a digital entertainment company. The business activity of the company includes designing, manufacturing, and distribution of digitized sound and video boards, computers and related multimedia, and personal digital entertainment products. It offers products such as Amplifiers, sound cards, sound blasters, gaming headsets, speakers, peripherals and other accessories. Geographically, the firm has its business presence across the region of Singapore, United States of America, Asia Pacific, and Europe of which Asia Pacific region accounts for the majority of revenue.

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