Lok'n Store Group (LSE:LOK) Cash And Cash Equivalents : £14.98 Mil (As of Jan. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Lok'n Store Group Cash And Cash Equivalents?

Lok'n Store Group's quarterly cash and cash equivalents increased from Jan. 2023 (£40.26 Mil) to Jul. 2023 (£42.13 Mil) but then stayed the same from Jul. 2023 (£42.13 Mil) to Jan. 2024 (£14.98 Mil).

Lok'n Store Group's annual cash and cash equivalents increased from Jul. 2021 (£9.11 Mil) to Jul. 2022 (£46.47 Mil) but then declined from Jul. 2022 (£46.47 Mil) to Jul. 2023 (£42.13 Mil).

Lok'n Store Group Cash And Cash Equivalents Historical Data

The historical data trend for Lok'n Store 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.

Lok'n Store Group Cash And Cash Equivalents Chart

Lok'n Store Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash And Cash Equivalents

Get a 7-Day Free Trial

13.66

13.07

9.11

46.47

42.13

Lok'n Store Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Cash And Cash Equivalents	Get a 7-Day Free Trial															44.36	46.47	40.26	42.13	14.98

Lok'n Store 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.

Lok'n Store Group (LSE:LOK) 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.

Lok'n Store Group Cash And Cash Equivalents Related Terms

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

Lok'n Store Group (LSE:LOK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lok'n Store Group PLC (LSE:LOK) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

112 Hawley Lane, Farnborough, Hampshire, GBR, GU14 8JE

Website

https://www.loknstore.co.uk

Lok'n Store Group PLC operates in the real estate industry based in the United Kingdom. Its business involves buying or leasing warehouses or industrial buildings and letting them out as self-storage units to its customers. Operating through the Self-Storage segments, the company caters to both households and business customers. Its self-storage segment accounts for the bulk of its operations with the provision of storage rooms, student storage, pallet storage, warehouse space, self-storage archiving, flexible office space, and multi-site business storage accounts.

Lok'n Store Group (LSE:LOK) Headlines

No Headlines