Fiske (LSE:FKE) Cash And Cash Equivalents : £4.09 Mil (As of Dec. 2023)

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What is Fiske Cash And Cash Equivalents?

Fiske's quarterly cash and cash equivalents increased from Dec. 2022 (£3.05 Mil) to Jun. 2023 (£3.33 Mil) and increased from Jun. 2023 (£3.33 Mil) to Dec. 2023 (£4.09 Mil).

Fiske's annual cash and cash equivalents increased from May. 2020 (£2.24 Mil) to May. 2021 (£3.50 Mil) but then declined from May. 2021 (£3.50 Mil) to Jun. 2023 (£3.33 Mil).

Fiske Cash And Cash Equivalents Historical Data

The historical data trend for Fiske'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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Fiske Cash And Cash Equivalents Chart

Fiske Annual Data

Trend

May13

May14

May15

May16

May17

May18

May19

May20

May21

Jun23

Cash And Cash Equivalents

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2.45

2.07

2.24

3.50

3.33

Fiske Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															3.50	3.62	3.05	3.33	4.09

Fiske 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.

Fiske (LSE:FKE) 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.

Fiske Cash And Cash Equivalents Related Terms

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Fiske (LSE:FKE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Fiske PLC (LSE:FKE) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

100 Wood Street, London, GBR, EC2V 7AN

Website

https://www.fiskeplc.com

Fiske PLC is an independent stockbroking and investment management firm. It provides financial intermediation that consists of private client and institutional stockbroking, investment management, and the provision of corporate financial advice. It also offers other stockbroking services that include ISAs, SIPPs, and Safe Custody.

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