Allfunds Group (XAMS:ALLFG) Cash And Cash Equivalents : €2,101 Mil (As of Dec. 2023)

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What is Allfunds Group Cash And Cash Equivalents?

Allfunds Group's quarterly cash and cash equivalents increased from Dec. 2022 (€1,623.34 Mil) to Jun. 2023 (€2,551.77 Mil) but then stayed the same from Jun. 2023 (€2,551.77 Mil) to Dec. 2023 (€2,100.97 Mil).

Allfunds Group's annual cash and cash equivalents declined from Dec. 2021 (€2,192.63 Mil) to Dec. 2022 (€1,623.34 Mil) but then increased from Dec. 2022 (€1,623.34 Mil) to Dec. 2023 (€2,100.97 Mil).

Allfunds Group Cash And Cash Equivalents Historical Data

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

Allfunds Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

1,044.37

1,848.91

2,192.63

1,623.34

2,100.97

Allfunds Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial				2,192.63	1,879.58	1,623.34	2,551.77	2,100.97

Allfunds 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.

Allfunds Group (XAMS:ALLFG) 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.

Allfunds Group Cash And Cash Equivalents Related Terms

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Allfunds Group (XAMS:ALLFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Allfunds Group PLC (XAMS:ALLFG) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ALLFGa:UK 0AAL:UK 6UY:Germany

Address

8 Mortimer Street, 2 Fitzroy Place, London, GBR, W1T 3JJ

Website

https://investors.allfunds.com

Allfunds is a fund distribution platform connecting fund houses and distributors, creating a single access point for both sides to gain a wider reach with regard to assets under administration and fund variety, respectively. As of 2022, Allfunds had EUR 1.3 trillion in assets under administration stemming from about 860 distributors on its platform. In return, distributors gained access to about 139,000 funds from 3,000 different fund houses. Allfunds also provides ancillary services to both fund houses and distributors, covering the marketing, distribution, legal, regulatory, as well as data and analytics needs arising in the fund distribution space. Allfunds derives the majority of its revenue from Italy, Spain, and France.

Allfunds Group (XAMS:ALLFG) Headlines

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