JCTCF has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
JCTCF has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Jewett-Cameron Trading Co's quarterly cash, cash equivalents, marketable securities increased from Aug. 2023 ($0.08 Mil) to Nov. 2023 ($3.56 Mil) but then stayed the same from Nov. 2023 ($3.56 Mil) to Feb. 2024 ($1.15 Mil).
Jewett-Cameron Trading Co's annual cash, cash equivalents, marketable securities declined from Aug. 2021 ($1.18 Mil) to Aug. 2022 ($0.48 Mil) and declined from Aug. 2022 ($0.48 Mil) to Aug. 2023 ($0.08 Mil).
The historical data trend for Jewett-Cameron Trading 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.
Jewett-Cameron Trading Co Annual Data | |||||||||||||||||||||
Trend | Aug14 | Aug15 | Aug16 | Aug17 | Aug18 | Aug19 | Aug20 | Aug21 | Aug22 | Aug23 | |||||||||||
Cash, Cash Equivalents, Marketable Securities | Get a 7-Day Free Trial | 9.65 | 3.80 | 1.18 | 0.48 | 0.08 |
Jewett-Cameron Trading Co Quarterly Data | ||||||||||||||||||||
May19 | Aug19 | Nov19 | Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | May23 | Aug23 | Nov23 | Feb24 | |
Cash, Cash Equivalents, Marketable Securities | Get a 7-Day Free Trial | 0.27 | 2.72 | 0.08 | 3.56 | 1.15 |
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.
Jewett-Cameron Trading Co (NAS:JCTCF) 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.
Thank you for viewing the detailed overview of Jewett-Cameron Trading Co's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.
Chad Michael Summers | director, officer: Chief Executive Officer | 2615 COEUR D'ALENE DR, WEST LINN OR 97065 |
Van Domelen Mitchell David | officer: CFO and Corporate Secretary | 17492 NW COUNTRY DRIVE, PORTLAND OR 97223 |
Michael Charles Nasser | 10 percent owner, officer: Corporate Secretary | 3150 S.W. 72ND, PORTLAND OR 97225 |
Oregon Community Foundation | 10 percent owner | 1221 SW YAMHILL #100, PORTLAND OR 97205 |
Donald Boone Irrev Trust | 10 percent owner | C/O RIVERVIEW TRUST COMPANY, 900 WASHINGTON ST, SUITE 900, VANCOUVER WA 98660 |
Donald M Boone | director, 10 percent owner, officer: President/CEO/Treasurer | PO BOX 1010, N PLAINS OR 97133 |
Chris Joseph Karlin | director | 1822 PROSPECT AVE, HOOD RIVER OR 97031 |
Sarah Kathleen Johnson | director | 810 NE 22ND AVE, PORTLAND OR 97232 |
Geoffrey Gaddy Guilfoy | director | 1260 NW NAITO PARKWAY #704, PORTLAND OR 97209 |
Charles E. Hopewell | director, officer: President and CEO | P.O. BOX 1010, NORTH PLAINS OR 97133 |
Frank Gerald Magdlen | director | 13620 SE MAPLE LANE, MILWAUKIE OR 97222 |
Ted A Sharp | director | 428 CRYSTAL SPRINGS LN, KEIZER OR 97303 |
Ralph Elton Lodewick | director | 5945 NW SEWELL RD, HILLSBORO OR 97124 |
Murray George Smith | officer: Chief Financial Officer | 11920 SOUTHERN HIGHLANDS PARKWAY,, SUITE 200, LAS VEGAS NV 89141 |
Thomas Robert Rice | officer: Chief Financial Officer | P.O. BOX 1010, NORTH PLAINS OR 97133 |
From GuruFocus
By PRNewswire PRNewswire • 05-16-2019
By PRNewswire PRNewswire • 01-14-2022
By PRNewswire PRNewswire • 09-01-2020
By PRNewswire PRNewswire • 04-25-2023
By Sydnee Gatewood Sydnee Gatewood • 06-06-2019
By PRNewswire PRNewswire • 11-14-2019
By PRNewswire PRNewswire • 07-15-2021
By Tiziano Frateschi Tiziano Frateschi • 10-12-2020
By PRNewswire PRNewswire • 11-16-2018
By James Li James Li • 09-13-2019
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.