Advanced Drainage Systems (FRA:6DA) Cash And Cash Equivalents : €451 Mil (As of Mar. 2024)

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What is Advanced Drainage Systems Cash And Cash Equivalents?

Advanced Drainage Systems's quarterly cash and cash equivalents increased from Sep. 2023 (€440.77 Mil) to Dec. 2023 (€514.20 Mil) but then stayed the same from Dec. 2023 (€514.20 Mil) to Mar. 2024 (€450.95 Mil).

Advanced Drainage Systems's annual cash and cash equivalents increased from Mar. 2022 (€18.27 Mil) to Mar. 2023 (€202.80 Mil) and increased from Mar. 2023 (€202.80 Mil) to Mar. 2024 (€450.95 Mil).

Advanced Drainage Systems Cash And Cash Equivalents Historical Data

The historical data trend for Advanced Drainage Systems'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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Advanced Drainage Systems Cash And Cash Equivalents Chart

Advanced Drainage Systems Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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157.68

163.81

18.27

202.80

450.95

Advanced Drainage Systems Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															202.80	337.91	440.77	514.20	450.95

Advanced Drainage Systems 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.

Advanced Drainage Systems (FRA:6DA) 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.

Advanced Drainage Systems Cash And Cash Equivalents Related Terms

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Advanced Drainage Systems (FRA:6DA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Advanced Drainage Systems Inc (FRA:6DA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

WMS:USA 6DA:Germany

Address

4640 Trueman Boulevard, Hilliard, OH, USA, 43026

Website

https://www.adspipe.com

Advanced Drainage Systems Inc is engaged in designing, manufacturing, and marketing thermoplastic corrugated pipe and related water management products in North and South America, and Europe. The company's operating segment includes Pipe; Infiltrator; International and Allied Products and Other. It generates maximum revenue from the Pipe segment. The company serves Agriculture; Aviation and Military; Mining; Residential; Transportation; Healthcare and Education and others.

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