Macfarlane Group (LSE:MACF) Cash And Cash Equivalents : £7.7 Mil (As of Dec. 2023)

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What is Macfarlane Group Cash And Cash Equivalents?

Macfarlane Group's quarterly cash and cash equivalents increased from Dec. 2022 (£5.71 Mil) to Jun. 2023 (£5.86 Mil) and increased from Jun. 2023 (£5.86 Mil) to Dec. 2023 (£7.69 Mil).

Macfarlane Group's annual cash and cash equivalents declined from Dec. 2021 (£12.32 Mil) to Dec. 2022 (£5.71 Mil) but then increased from Dec. 2022 (£5.71 Mil) to Dec. 2023 (£7.69 Mil).

Macfarlane Group Cash And Cash Equivalents Historical Data

The historical data trend for Macfarlane 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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Macfarlane Group Cash And Cash Equivalents Chart

Macfarlane Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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5.58

7.23

12.32

5.71

7.69

Macfarlane Group 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															12.32	6.80	5.71	5.86	7.69

Macfarlane 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.

Macfarlane Group (LSE:MACF) 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.

Macfarlane Group Cash And Cash Equivalents Related Terms

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Macfarlane Group (LSE:MACF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Macfarlane Group PLC (LSE:MACF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

MACFl:UK 5K6:Germany

Address

3 Park Gardens, First Floor, Glasgow, GBR, G3 7YE

Website

https://www.macfarlanegroup.com

Macfarlane Group PLC is a United Kingdom-based company, that provides services for the packaging sector. It operates in two segments Packaging Distribution segment, which includes the distribution of packaging materials & supply of storage & warehousing services, & Manufacturing Operations comprises the manufacturing & supplying of self-adhesive labels to fast-moving consumer goods. The business operates Regional Distribution Centers supplying customers with a range of packaging materials & services. It operates across a wide range of sectors such as Aerospace, Defense, Electronics, Medical General, Industrial food, health & beauty, household products, & beverages sectors. It derives key revenue from the Distribution segment. Geographically, it derives the majority revenue from the UK.

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