Alpha Growth (LSE:ALGW) Cash And Cash Equivalents : £7.42 Mil (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Alpha Growth Cash And Cash Equivalents?

Alpha Growth's quarterly cash and cash equivalents declined from Dec. 2022 (£8.03 Mil) to Jun. 2023 (£0.11 Mil) but then increased from Jun. 2023 (£0.11 Mil) to Dec. 2023 (£7.42 Mil).

Alpha Growth's annual cash and cash equivalents increased from Aug. 2020 (£0.04 Mil) to Dec. 2022 (£8.03 Mil) but then declined from Dec. 2022 (£8.03 Mil) to Dec. 2023 (£7.42 Mil).

Alpha Growth Cash And Cash Equivalents Historical Data

The historical data trend for Alpha Growth'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.

Alpha Growth Cash And Cash Equivalents Chart

Alpha Growth Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

0.11

0.17

0.04

8.03

7.42

Alpha Growth Semi-Annual Data
	Aug17	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial						0.14	0.04	8.03	0.11	7.42

Alpha Growth 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.

Alpha Growth (LSE:ALGW) 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.

Alpha Growth Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Alpha Growth's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Alpha Growth (LSE:ALGW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Alpha Growth PLC (LSE:ALGW) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Berkeley Square, Mayfair, London, GBR, W1J 5BF

Website

https://www.algwplc.com

Alpha Growth PLC is a financial advisory company that provides advice and consultancy services to existing institutional and prospective holders of Senior Life Settlements (SLS). It offers advisory services, strategies, performance monitoring, and analytical services to existing and prospective holders of SLS Assets, mainly through acquisition strategies, performance monitoring, and analytical services. The company provides advisory services to the SPVs and the corporate finance adviser engaged for the bond issue and acquisition.

Alpha Growth (LSE:ALGW) Headlines

No Headlines