REA Group (ASX:REA) Cash And Cash Equivalents : A$314 Mil (As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is REA Group Cash And Cash Equivalents?

REA Group's quarterly cash and cash equivalents increased from Dec. 2022 (A$142.30 Mil) to Jun. 2023 (A$259.80 Mil) and increased from Jun. 2023 (A$259.80 Mil) to Dec. 2023 (A$314.00 Mil).

REA Group's annual cash and cash equivalents increased from Jun. 2021 (A$168.87 Mil) to Jun. 2022 (A$248.20 Mil) and increased from Jun. 2022 (A$248.20 Mil) to Jun. 2023 (A$259.80 Mil).

REA Group Cash And Cash Equivalents Historical Data

The historical data trend for REA 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.

* Premium members only.

REA Group Cash And Cash Equivalents Chart

REA Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

Get a 7-Day Free Trial

137.90

222.85

168.87

248.20

259.80

REA Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															194.80	248.20	142.30	259.80	314.00

REA 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.

REA Group (ASX:REA) 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.

REA Group Cash And Cash Equivalents Related Terms

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

REA Group (ASX:REA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » REA Group Ltd (ASX:REA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

RPGRY:USA R9C:Germany

Address

511 Church Street, Richmond, Melbourne, VIC, AUS, 3121

Website

https://www.rea-group.com

REA Group is a technology company operating in the real estate sector. REA Group's primary business is a online listings platform for residential real estate, www.realestate.com.au, which is the largest residential real estate listings platform in Australia, at around three times the size of number two, www.domain.com.au, owned by Domain Group. REA Group is majority-owned by News Corp (ASX:NWS), while Domain is majority-owned by rival media company Nine Entertainment (ASX:NEC). REA Group's other businesses include adjacent markets and services, and investments in online listings platforms in Asia.

REA Group (ASX:REA) Headlines

No Headlines