JGC Holdings (JGC Holdings) Cash, Cash Equivalents, Marketable Securities : $2,040 Mil (As of Dec. 2023)

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What is JGC Holdings Cash, Cash Equivalents, Marketable Securities?

JGC Holdings's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 ($2,406.98 Mil) to Sep. 2023 ($2,258.45 Mil) but then stayed the same from Sep. 2023 ($2,258.45 Mil) to Dec. 2023 ($2,039.80 Mil).

JGC Holdings's annual cash, cash equivalents, marketable securities declined from Mar. 2021 ($2,468.11 Mil) to Mar. 2022 ($2,430.13 Mil) but then increased from Mar. 2022 ($2,430.13 Mil) to Mar. 2023 ($2,490.95 Mil).

JGC Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for JGC 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.

* Premium members only.

JGC Holdings Cash, Cash Equivalents, Marketable Securities Chart

JGC Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

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1,447.14

2,432.48

2,468.11

2,430.13

2,490.95

JGC Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															2,453.30	2,490.95	2,406.98	2,258.45	2,039.80

JGC 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.

JGC Holdings (OTCPK:JGCCY) 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.

JGC Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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JGC Holdings (JGC Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » JGC Holdings Corp (OTCPK:JGCCY) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

1963:Japan VJC:Germany

Address

2-3-1, Minato Mirai, Nishi-Ku, Kanagawa, Yokohama-shi, JPN, 220-6001

Website

http://www.jgc.com

JGC Holdings Corp offers planning, consulting, materials procurement, construction, operation, and maintenance for various plants and facilities. In addition, it invests in oil and gas field development projects and utility businesses. The company has two operating segments: total engineering the (majority of total revenue); and catalysts and fine products. It constructs and performs tests on machinery and plants for multiple energy and industrial markets. The company utilizes engineering technology and project management capabilities. Additional sales are generated from providing operational support after completion of projects. Asia is an important region for the company, but the company also sells to Australia, the Middle East, and North America.