Begbies Traynor Group (LSE:BEG) Cash And Cash Equivalents : £8.1 Mil (As of Oct. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Begbies Traynor Group Cash And Cash Equivalents?

Begbies Traynor Group's quarterly cash and cash equivalents increased from Oct. 2022 (£7.55 Mil) to Apr. 2023 (£8.00 Mil) and increased from Apr. 2023 (£8.00 Mil) to Oct. 2023 (£8.06 Mil).

Begbies Traynor Group's annual cash and cash equivalents increased from Apr. 2021 (£7.99 Mil) to Apr. 2022 (£9.69 Mil) but then declined from Apr. 2022 (£9.69 Mil) to Apr. 2023 (£8.00 Mil).

Begbies Traynor Group Cash And Cash Equivalents Historical Data

The historical data trend for Begbies Traynor 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.

Begbies Traynor Group Cash And Cash Equivalents Chart

Begbies Traynor Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash And Cash Equivalents

Get a 7-Day Free Trial

4.01

7.25

7.99

9.69

8.00

Begbies Traynor Group Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash And Cash Equivalents	Get a 7-Day Free Trial															7.17	9.69	7.55	8.00	8.06

Begbies Traynor 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.

Begbies Traynor Group (LSE:BEG) 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.

Begbies Traynor Group Cash And Cash Equivalents Related Terms

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

Begbies Traynor Group (LSE:BEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Begbies Traynor Group PLC (LSE:BEG) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

BEG.GB:UK

Address

340 Deansgate, Manchester, GBR, M3 4LY

Website

https://www.begbies-traynorgroup.com

Begbies Traynor Group PLC is a professional services consultancy. It provides insolvency, restructuring and consultancy services to businesses, professional advisors, and financial institutions. It provides professional services, such as business rescue options, advisory options, forensic accounting and investigations, corporate and commercial finance, personal insolvency solutions and services to banking, legal, and accounting sectors. The company is managed as two operating segments: insolvency and advisory services, and property advisory and transactional services. The group generates the majority of its revenue from insolvency and advisory services. The group's principal operations and markets are in the UK.

Begbies Traynor Group (LSE:BEG) Headlines

No Headlines