Peter Warren Automotive Holdings (ASX:PWR) Cash, Cash Equivalents, Marketable Securities : A$24 Mil (As of Dec. 2023)

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What is Peter Warren Automotive Holdings Cash, Cash Equivalents, Marketable Securities?

Peter Warren Automotive Holdings's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (A$20.73 Mil) to Jun. 2023 (A$50.64 Mil) but then stayed the same from Jun. 2023 (A$50.64 Mil) to Dec. 2023 (A$23.91 Mil).

Peter Warren Automotive Holdings's annual cash, cash equivalents, marketable securities increased from Jun. 2021 (A$42.92 Mil) to Jun. 2022 (A$52.18 Mil) but then declined from Jun. 2022 (A$52.18 Mil) to Jun. 2023 (A$50.64 Mil).

Peter Warren Automotive Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Peter Warren Automotive Holdings's Cash, Cash Equivalents, Marketable Securities 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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Peter Warren Automotive Holdings Cash, Cash Equivalents, Marketable Securities Chart

Peter Warren Automotive Holdings Annual Data

Trend

Jun21

Jun22

Jun23

Cash, Cash Equivalents, Marketable Securities

42.92

52.18

50.64

Peter Warren Automotive Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			37.48	52.18	20.73	50.64	23.91

Peter Warren Automotive Holdings Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Peter Warren Automotive Holdings (ASX:PWR) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Peter Warren Automotive Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Peter Warren Automotive Holdings (ASX:PWR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Peter Warren Automotive Holdings Ltd (ASX:PWR) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

13 Hume Highway, Warwick Farm, Sydney, NSW, AUS, 2170

Website

https://www.peterwarren.com.au

Peter Warren Automotive Holdings Ltd is a dealership group operating in Australia. The company operates an integrated new and used car retailing business providing the full range of sales and support including parts, service, finance and insurance and aftermarket products to an extensive list of long-term customers, many of whom have purchased multiple vehicles over a life time. The company has two operating segments Vehicle Retailing and property segment, The company generates the majority of its revenue from the Vehicle Retailing segment, which offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle maintenance and repair services, vehicle parts, extended service contracts, vehicle protection products, and other aftermarket products.