AutoNation (STU:RWI) Cash And Cash Equivalents : €55 Mil (As of Mar. 2024)

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

What is AutoNation Cash And Cash Equivalents?

AutoNation's quarterly cash and cash equivalents declined from Sep. 2023 (€59.97 Mil) to Dec. 2023 (€55.75 Mil) but then stayed the same from Dec. 2023 (€55.75 Mil) to Mar. 2024 (€55.48 Mil).

AutoNation's annual cash and cash equivalents increased from Dec. 2021 (€53.45 Mil) to Dec. 2022 (€68.53 Mil) but then declined from Dec. 2022 (€68.53 Mil) to Dec. 2023 (€55.75 Mil).

AutoNation Cash And Cash Equivalents Historical Data

The historical data trend for AutoNation'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.

AutoNation Cash And Cash Equivalents Chart

AutoNation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

37.80

468.21

53.45

68.53

55.75

AutoNation Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															54.45	58.80	59.97	55.75	55.48

AutoNation 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.

AutoNation (STU:RWI) 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.

AutoNation Cash And Cash Equivalents Related Terms

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

AutoNation (STU:RWI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » AutoNation Inc (STU:RWI) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

AN:USA RWI:Germany

Address

200 SW 1st Avenue, Fort Lauderdale, FL, USA, 33301

Website

https://www.autonation.com

AutoNation is the second largest automotive dealer in the United States, with 2022 revenue of $27 billion and over 250 dealerships, plus 53 collision centers. The firm also has 16 AutoNation USA used-vehicle stores, a captive lender, four auction sites, and three parts distributors all across 20 states primarily in Sunbelt metropolitan areas. New-vehicle sales account for nearly half of revenue; the company also sells used vehicles, parts, and repair services as well as auto financing. The company (formerly Republic Industries) spun off its waste management unit (Republic Services) in 1999 and its car rental businesses (ANC Rental) in 2000. Wayne Huizenga founded the company in the 1990s to bring the rollup acquisition strategy to auto retailing, which has proved to be a smart move.

AutoNation (STU:RWI) Headlines

No Headlines