Accrol Group Holdings (LSE:ACRL) Cash And Cash Equivalents : £3.3 Mil (As of Oct. 2023)

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What is Accrol Group Holdings Cash And Cash Equivalents?

Accrol Group Holdings's quarterly cash and cash equivalents declined from Oct. 2022 (£7.59 Mil) to Apr. 2023 (£3.46 Mil) but then stayed the same from Apr. 2023 (£3.46 Mil) to Oct. 2023 (£3.26 Mil).

Accrol Group Holdings's annual cash and cash equivalents declined from Apr. 2021 (£7.60 Mil) to Apr. 2022 (£0.24 Mil) but then increased from Apr. 2022 (£0.24 Mil) to Apr. 2023 (£3.46 Mil).

Accrol Group Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Accrol Group Holdings'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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Accrol Group Holdings Cash And Cash Equivalents Chart

Accrol Group Holdings Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash And Cash Equivalents

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2.18

8.15

7.60

0.24

3.46

Accrol Group Holdings Semi-Annual Data
	Apr13	Apr14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash And Cash Equivalents	Get a 7-Day Free Trial															3.07	0.24	7.59	3.46	3.26

Accrol Group Holdings 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.

Accrol Group Holdings (LSE:ACRL) 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.

Accrol Group Holdings Cash And Cash Equivalents Related Terms

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Accrol Group Holdings (LSE:ACRL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Accrol Group Holdings PLC (LSE:ACRL) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

0AE:Germany

Address

Roman Road, Delta Building, Blackburn, Lancashire, GBR, BB1 2LD

Website

https://www.accrol.co.uk

Accrol Group Holdings PLC manufactures soft tissue products. Its products are away from home, toilet rolls, kitchen towels, and facial tissues. The company supplies its products to retailers in the household sector and national distributors away from the home sector. The firm's production facility is in Lancashire. Its geographical segments are the United Kingdom and Europe. The company derives most of its revenues from the United Kingdom segment. It has developed and promoted brands such as Handy, Mega, Mighty and Thirsty bubbles, Softy, Sofcell, and envirosoft.

Accrol Group Holdings (LSE:ACRL) Headlines

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