Adept Technology Group (LSE:ADT) Cash, Cash Equivalents, Marketable Securities : £3.66 Mil (As of Sep. 2022)

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What is Adept Technology Group Cash, Cash Equivalents, Marketable Securities?

Adept Technology Group's quarterly cash, cash equivalents, marketable securities increased from Sep. 2021 (£3.61 Mil) to Mar. 2022 (£3.71 Mil) but then stayed the same from Mar. 2022 (£3.71 Mil) to Sep. 2022 (£3.66 Mil).

Adept Technology Group's annual cash, cash equivalents, marketable securities increased from Mar. 2020 (£11.85 Mil) to Mar. 2021 (£13.17 Mil) but then declined from Mar. 2021 (£13.17 Mil) to Mar. 2022 (£3.71 Mil).

Adept Technology Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Adept Technology Group'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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Adept Technology Group Cash, Cash Equivalents, Marketable Securities Chart

Adept Technology Group Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Cash, Cash Equivalents, Marketable Securities

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7.13

7.65

11.85

13.17

3.71

Adept Technology Group Semi-Annual Data
	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															5.07	13.17	3.61	3.71	3.66

Adept Technology Group 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.

Adept Technology Group (LSE:ADT) 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.

Adept Technology Group Cash, Cash Equivalents, Marketable Securities Related Terms

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Adept Technology Group (LSE:ADT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Adept Technology Group PLC (LSE:ADT) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Address

77 Mount Ephraim, Tunbridge Wells, Kent, GBR, TN4 8BS

Website

https://www.adept.co.uk

Adept Technology Group PLC is an independent provider offering a unified communications portfolio of fixed-line calls, line rental, mobile, data connectivity, hardware, managed services, WiFi, IP telephony and IT services to thousands of business and residential customers across the UK. It offers flexible technical and commercial options for onsite and cloud-based telephony and managed services. The company operates in the Fixed-line services segment that provides calls and line rental services and Managed services that offer data connectivity, hardware services, IP telephony, support and maintenance services.