Surface Transforms (LSE:SCE) Cash And Cash Equivalents : £4.51 Mil (As of Jun. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Surface Transforms Cash And Cash Equivalents?

Surface Transforms's quarterly cash and cash equivalents increased from Jun. 2022 (£6.72 Mil) to Dec. 2022 (£14.92 Mil) but then stayed the same from Dec. 2022 (£14.92 Mil) to Jun. 2023 (£4.51 Mil).

Surface Transforms's annual cash and cash equivalents increased from Dec. 2020 (£1.06 Mil) to Dec. 2021 (£9.96 Mil) and increased from Dec. 2021 (£9.96 Mil) to Dec. 2022 (£14.92 Mil).

Surface Transforms Cash And Cash Equivalents Historical Data

The historical data trend for Surface Transforms'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.

Surface Transforms Cash And Cash Equivalents Chart

Surface Transforms Annual Data

Trend

May13

May14

May15

May16

May17

May18

May19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

Get a 7-Day Free Trial

0.92

1.93

1.06

9.96

14.92

Surface Transforms Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash And Cash Equivalents	Get a 7-Day Free Trial															17.20	9.96	6.72	14.92	4.51

Surface Transforms 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.

Surface Transforms (LSE:SCE) 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.

Surface Transforms Cash And Cash Equivalents Related Terms

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

Surface Transforms (LSE:SCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Surface Transforms PLC (LSE:SCE) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

XE4:Germany

Address

Acornfield Road, Knowsley Industrial Estate, Image Business Park, Liverpool, GBR, L33 7UF

Website

https://www.surfacetransforms.com

Surface Transforms PLC is a company that develops, manufactures, and markets carbon-ceramic products for the brakes market. It also engages in developing new products and applications for carbon fiber-reinforced ceramic friction and non-friction materials. It has operations spread across the United Kingdom, Germany, Sweden the United States of America, the Rest of Europe, and the Rest of the World.

Surface Transforms (LSE:SCE) Headlines

No Headlines