Alpha Growth (LSE:ALGW) Cash, Cash Equivalents, Marketable Securities : £442.50 Mil (As of Dec. 2023)

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What is Alpha Growth Cash, Cash Equivalents, Marketable Securities?

Alpha Growth's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (£439.88 Mil) to Jun. 2023 (£0.11 Mil) but then increased from Jun. 2023 (£0.11 Mil) to Dec. 2023 (£442.50 Mil).

Alpha Growth's annual cash, cash equivalents, marketable securities increased from Aug. 2020 (£0.04 Mil) to Dec. 2022 (£439.88 Mil) and increased from Dec. 2022 (£439.88 Mil) to Dec. 2023 (£442.50 Mil).

Alpha Growth Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Alpha Growth'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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Alpha Growth Cash, Cash Equivalents, Marketable Securities Chart

Alpha Growth Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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0.11

0.17

0.04

439.88

442.50

Alpha Growth Semi-Annual Data
	Aug17	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial						0.14	214.89	439.88	0.11	442.50

Alpha Growth 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.

Alpha Growth (LSE:ALGW) 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.

Alpha Growth Cash, Cash Equivalents, Marketable Securities Related Terms

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Alpha Growth (LSE:ALGW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Alpha Growth PLC (LSE:ALGW) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

35 Berkeley Square, Mayfair, London, GBR, W1J 5BF

Website

https://www.algwplc.com

Alpha Growth PLC is a financial advisory company that provides advice and consultancy services to existing institutional and prospective holders of Senior Life Settlements (SLS). It offers advisory services, strategies, performance monitoring, and analytical services to existing and prospective holders of SLS Assets, mainly through acquisition strategies, performance monitoring, and analytical services. The company provides advisory services to the SPVs and the corporate finance adviser engaged for the bond issue and acquisition.

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