Vertical Aerospace (STU:M00) Cash And Cash Equivalents : €56.51 Mil (As of Dec. 2023)

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What is Vertical Aerospace Cash And Cash Equivalents?

Vertical Aerospace's quarterly cash and cash equivalents declined from Jun. 2023 (€104.53 Mil) to Sep. 2023 (€86.00 Mil) but then stayed the same from Sep. 2023 (€86.00 Mil) to Dec. 2023 (€56.51 Mil).

Vertical Aerospace's annual cash and cash equivalents declined from Dec. 2021 (€250.27 Mil) to Dec. 2022 (€72.36 Mil) and declined from Dec. 2022 (€72.36 Mil) to Dec. 2023 (€56.51 Mil).

Vertical Aerospace Cash And Cash Equivalents Historical Data

The historical data trend for Vertical Aerospace'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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Vertical Aerospace Cash And Cash Equivalents Chart

Vertical Aerospace Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

1.21

0.93

250.27

72.36

56.51

Vertical Aerospace Quarterly Data
	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial							95.72	72.36	104.53	86.00	56.51

Vertical Aerospace 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.

Vertical Aerospace (STU:M00) 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.

Vertical Aerospace Cash And Cash Equivalents Related Terms

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Vertical Aerospace (STU:M00) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Vertical Aerospace Ltd (STU:M00) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

EVTL:USA M00:Germany

Address

Chapel Street, Unit 1 Camwal Court, Bristol, GBR, BS2 0UW

Website

https://www.vertical-aerospace.com

Vertical Aerospace Ltd is engaged in making air travel personal, on-demand, and carbon-free. The VX4, Vertical's flagship aircraft, is a piloted electric vertical take-off and landing (eVTOL) vehicle capable of carrying four passengers.

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