MarineMax (STU:MLW) Cash And Cash Equivalents : €199 Mil (As of Mar. 2024)

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What is MarineMax Cash And Cash Equivalents?

MarineMax's quarterly cash and cash equivalents increased from Sep. 2023 (€188.76 Mil) to Dec. 2023 (€192.87 Mil) and increased from Dec. 2023 (€192.87 Mil) to Mar. 2024 (€199.35 Mil).

MarineMax's annual cash and cash equivalents increased from Sep. 2021 (€188.86 Mil) to Sep. 2022 (€230.56 Mil) but then declined from Sep. 2022 (€230.56 Mil) to Sep. 2023 (€188.76 Mil).

MarineMax Cash And Cash Equivalents Historical Data

The historical data trend for MarineMax'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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MarineMax Cash And Cash Equivalents Chart

MarineMax Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash And Cash Equivalents

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34.97

132.01

188.86

230.56

188.76

MarineMax 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															190.85	208.72	188.76	192.87	199.35

MarineMax 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.

MarineMax (STU:MLW) 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.

MarineMax Cash And Cash Equivalents Related Terms

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MarineMax (STU:MLW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » MarineMax Inc (STU:MLW) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

HZO:USA

Address

2600 McCormick Drive, Suite 200, Clearwater, FL, USA, 33759

Website

https://www.marinemax.com

MarineMax Inc is a United-States-based company that sells new and used recreational boats under premium brands, and related marine products, like engines, parts, and accessories. The company is also engaged in other businesses, including providing services of repair, maintenance, and storage; managing related boat financing, insurance, and others; offering brokerage sales of boats and yachts; and operating a yacht charter business. The reportable segments of the company are Retail Operations and Product Manufacturing. The Retail Operations segment generates the majority of the company's revenue. The sale of new and used boats accounts for the majority of the company's total revenue. It serves customers across the U.S.

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