Restaurant Group (The) (LSE:RTN) Cash, Cash Equivalents, Marketable Securities : £18.3 Mil (As of Jun. 2023)

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What is Restaurant Group (The) Cash, Cash Equivalents, Marketable Securities?

Restaurant Group (The)'s quarterly cash, cash equivalents, marketable securities declined from Jun. 2022 (£72.60 Mil) to Dec. 2022 (£27.70 Mil) but then stayed the same from Dec. 2022 (£27.70 Mil) to Jun. 2023 (£18.30 Mil).

Restaurant Group (The)'s annual cash, cash equivalents, marketable securities increased from Dec. 2020 (£40.70 Mil) to Dec. 2021 (£146.50 Mil) but then declined from Dec. 2021 (£146.50 Mil) to Dec. 2022 (£27.70 Mil).

Restaurant Group (The) Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Restaurant Group (The)'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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Restaurant Group (The) Cash, Cash Equivalents, Marketable Securities Chart

Restaurant Group (The) Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

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65.90

49.76

40.70

146.50

27.70

Restaurant Group (The) Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															115.78	146.50	72.60	27.70	18.30

Restaurant Group (The) 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.

Restaurant Group (The) (LSE:RTN) 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.

Restaurant Group (The) Cash, Cash Equivalents, Marketable Securities Related Terms

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Restaurant Group (The) (LSE:RTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Restaurant Group (The) PLC (LSE:RTN) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-7 Marshalsea Road, Borough, London, GBR, SE1 1EP

Website

https://www.trgplc.com

Restaurant Group (The) PLC operates more than 400 restaurants and pubs under a variety of brand names and concepts, including Frankie and Benny's (American and Italian food), Chiquito (Mexican food), Coast to Coast (American food), Brunning & Price (traditional British pub), and Garfunkel's (British cafe). The group trades in four segments Wagamama, Pubs, Leisure, and Concessions. Nearly all of the company's restaurants are in the United Kingdom. The Group also operates Pub restaurants and a Concessions business which trades principally at UK airports.