Alliance Entertainment Holding (Alliance Entertainment Holding) Cash, Cash Equivalents, Marketable Securities : $2 Mil (As of Mar. 2024)

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What is Alliance Entertainment Holding Cash, Cash Equivalents, Marketable Securities?

Alliance Entertainment Holding's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 ($1.23 Mil) to Dec. 2023 ($2.66 Mil) but then stayed the same from Dec. 2023 ($2.66 Mil) to Mar. 2024 ($1.64 Mil).

Alliance Entertainment Holding's annual cash, cash equivalents, marketable securities declined from Jun. 2021 ($4.03 Mil) to Jun. 2022 ($1.47 Mil) and declined from Jun. 2022 ($1.47 Mil) to Jun. 2023 ($0.87 Mil).

Alliance Entertainment Holding Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Alliance Entertainment Holding'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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Alliance Entertainment Holding Cash, Cash Equivalents, Marketable Securities Chart

Alliance Entertainment Holding Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Cash, Cash Equivalents, Marketable Securities

4.03

1.47

0.87

Alliance Entertainment Holding Quarterly Data
	Jun20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial							1.03	0.87	1.23	2.66	1.64

Alliance Entertainment Holding 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.

Alliance Entertainment Holding (NAS:AENT) 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.

Alliance Entertainment Holding Cash, Cash Equivalents, Marketable Securities Related Terms

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Alliance Entertainment Holding (Alliance Entertainment Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Alliance Entertainment Holding Corp (NAS:AENT) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

8201 Peters Road, Suite 1000, Plantation, FL, USA, 33324

Website

https://www.aent.com

Alliance Entertainment Holding Corp is a top tier distributor of music, movies, and consumer electronics. It offers more than 485,000 SKU products, consisting of vinyl records, compact discs, DVDs, Blu-rays, and video games. The company serves customers of every size, providing a suite of services to resellers and retailers around the world.