SiteMinder (ASX:SDR) Cash And Cash Equivalents : A$40.0 Mil (As of Dec. 2023)

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What is SiteMinder Cash And Cash Equivalents?

SiteMinder's quarterly cash and cash equivalents increased from Dec. 2022 (A$41.10 Mil) to Jun. 2023 (A$52.73 Mil) but then stayed the same from Jun. 2023 (A$52.73 Mil) to Dec. 2023 (A$40.03 Mil).

SiteMinder's annual cash and cash equivalents declined from Jun. 2021 (A$121.00 Mil) to Jun. 2022 (A$26.60 Mil) but then increased from Jun. 2022 (A$26.60 Mil) to Jun. 2023 (A$52.73 Mil).

SiteMinder Cash And Cash Equivalents Historical Data

The historical data trend for SiteMinder'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.

SiteMinder Cash And Cash Equivalents Chart

SiteMinder Annual Data

Trend

Jun21

Jun22

Jun23

Cash And Cash Equivalents

121.00

26.60

52.73

SiteMinder Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	53.00	26.60	41.10	52.73	40.03

SiteMinder 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.

SiteMinder (ASX:SDR) 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.

SiteMinder Cash And Cash Equivalents Related Terms

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SiteMinder (ASX:SDR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SiteMinder Ltd (ASX:SDR) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

SDRMF:USA

Address

30 Windmill Street, Bond Store 3, Millers Point, Sydney, NSW, AUS, 2000

Website

https://www.siteminder.com

SiteMinder Ltd provides hotel commerce platform services. It helps hotels to sell, market, manage, and grow their business from one place. Geographically, it derives a majority of revenue from the Asia Pacific region and also has a presence in Europe, the Middle East and Africa, and the Americas. Some of its products include a Hotel channel manager; Hotel booking engine; Hotel website builder; Hotel business intelligence and others. The Group operates within one business segment, being the operation of an online hotel booking platform assisting accommodation providers in gaining more online bookings and managing their online room distribution.

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