Mad Paws Holdings (ASX:MPA) Cash, Cash Equivalents, Marketable Securities : A$3.58 Mil (As of Dec. 2023)

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What is Mad Paws Holdings Cash, Cash Equivalents, Marketable Securities?

Mad Paws Holdings's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (A$3.27 Mil) to Jun. 2023 (A$3.09 Mil) but then increased from Jun. 2023 (A$3.09 Mil) to Dec. 2023 (A$3.58 Mil).

Mad Paws Holdings's annual cash, cash equivalents, marketable securities declined from Jun. 2021 (A$12.49 Mil) to Jun. 2022 (A$5.56 Mil) and declined from Jun. 2022 (A$5.56 Mil) to Jun. 2023 (A$3.09 Mil).

Mad Paws Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Mad Paws Holdings's Cash, Cash Equivalents, Marketable Securities 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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Mad Paws Holdings Cash, Cash Equivalents, Marketable Securities Chart

Mad Paws Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Cash, Cash Equivalents, Marketable Securities

18.32

12.49

5.56

3.09

Mad Paws Holdings Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			8.78	5.56	3.27	3.09	3.58

Mad Paws Holdings Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Mad Paws Holdings (ASX:MPA) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Mad Paws Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Mad Paws Holdings (ASX:MPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Mad Paws Holdings Ltd (ASX:MPA) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

126-130 Phillip Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.madpaws.com.au

Mad Paws Holdings Ltd is an Australian-based pet services business whose primary activity is the operation of a pet care services online marketplace. The Mad Paws marketplace matches and connects pet owners seeking pet care services, such as pet sitting, walking, daycare, and grooming, with pet sitters, walkers, and other pet service providers registered on the marketplace. The company operates in two segments, marketplace, and E-commerce & subscription. The majority of revenue is derived from e-commerce & subscription segments.