Academy of Learning Co (SAU:9541) Cash, Cash Equivalents, Marketable Securities : ﷼16.13 Mil (As of Jun. 2023)

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What is Academy of Learning Co Cash, Cash Equivalents, Marketable Securities?

Academy of Learning Co's quarterly cash, cash equivalents, marketable securities increased from Jun. 2022 (﷼0.00 Mil) to Dec. 2022 (﷼26.96 Mil) but then stayed the same from Dec. 2022 (﷼26.96 Mil) to Jun. 2023 (﷼16.13 Mil).

Academy of Learning Co's annual cash, cash equivalents, marketable securities increased from . 20 (﷼0.00 Mil) to Dec. 2021 (﷼76.14 Mil) but then declined from Dec. 2021 (﷼76.14 Mil) to Dec. 2022 (﷼26.96 Mil).

Academy of Learning Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Academy of Learning Co'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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Academy of Learning Co Cash, Cash Equivalents, Marketable Securities Chart

Academy of Learning Co Annual Data

Trend

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

76.14

26.96

Academy of Learning Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23
Cash, Cash Equivalents, Marketable Securities	76.14	-	26.96	16.13

Academy of Learning Co 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.

Academy of Learning Co (SAU:9541) 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.

Academy of Learning Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Academy of Learning Co (SAU:9541) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Academy of Learning Co (SAU:9541) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Arabian Gulf Road, Ash Shati Ash Sharqi, Dammam, SAU, 32414

Website

https://www.aol.edu.sa

Academy of Learning Co works in the education and training sector in the Kingdom of Saudi Arabia through education and training institutes in various regions. The company prepares its students to join the job market and equips them with the necessary practical experience through different accredited diploma programs. The activity of the company is wholesale of computers and their accessories, including (selling printers and their inks), administrative training institutes. It provides educational services and has one sector, which is the educational activity. The company operates in the Kingdom of Saudi Arabia and has no geographical sector.

Academy of Learning Co (SAU:9541) Headlines

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