Hilton Food Group (LSE:HFG) Cash And Cash Equivalents : £127 Mil (As of Dec. 2023)

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What is Hilton Food Group Cash And Cash Equivalents?

Hilton Food Group's quarterly cash and cash equivalents declined from Dec. 2022 (£87.22 Mil) to Jun. 2023 (£79.68 Mil) but then increased from Jun. 2023 (£79.68 Mil) to Dec. 2023 (£126.72 Mil).

Hilton Food Group's annual cash and cash equivalents declined from Dec. 2021 (£140.17 Mil) to Dec. 2022 (£87.22 Mil) but then increased from Dec. 2022 (£87.22 Mil) to Dec. 2023 (£126.72 Mil).

Hilton Food Group Cash And Cash Equivalents Historical Data

The historical data trend for Hilton Food 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.

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Hilton Food Group Cash And Cash Equivalents Chart

Hilton Food Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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110.51

123.82

140.17

87.22

126.72

Hilton Food Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jul16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															140.17	96.86	87.22	79.68	126.72

Hilton Food 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.

Hilton Food Group (LSE:HFG) 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.

Hilton Food Group Cash And Cash Equivalents Related Terms

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Hilton Food Group (LSE:HFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hilton Food Group PLC (LSE:HFG) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

HFGl:UK HFG.GB:UK FAG:Germany

Address

Latham Road, 2-8 The Interchange, Huntingdon, Cambridgeshire, GBR, PE29 6YE

Website

https://www.hiltonfoods.com

Hilton Food Group PLC is engaged in the specialist retail meat-packing business supplying international food retailers in Europe, Australia, and New Zealand. It is into wholesaling of food protein products including meat, seafood, and vegetarian. The company has three operating segments, namely Europe (which consists of The United Kingdom, Netherlands, Belgium, the Republic of Ireland, Sweden, Denmark, Central Europe including Poland, the Czech Republic, Hungary, Slovakia, Latvia, Lithuania, and Estonia, and Portugal), APAC, and Central costs. The company derives a majority of its revenue from the European Countries.

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