The Home Depot (HD) Cash And Cash Equivalents

: $3,760 Mil (As of Jan. 2024)

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The Home Depot's quarterly cash and cash equivalents declined from Jul. 2023 ($2,814.00 Mil) to Oct. 2023 ($2,058.00 Mil) but then increased from Oct. 2023 ($2,058.00 Mil) to Jan. 2024 ($3,760.00 Mil).

The Home Depot's annual cash and cash equivalents increased from Jan. 2022 ($2,343.00 Mil) to Jan. 2023 ($2,757.00 Mil) and increased from Jan. 2023 ($2,757.00 Mil) to Jan. 2024 ($3,760.00 Mil).

The Home Depot Cash And Cash Equivalents Historical Data

The historical data trend for The Home Depot's Cash And Cash Equivalents 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.

The Home Depot Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash And Cash Equivalents

2,133.00

7,895.00

2,343.00

2,757.00

3,760.00

The Home Depot Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash And Cash Equivalents																2,757.00	1,260.00	2,814.00	2,058.00	3,760.00

The Home Depot Cash And Cash Equivalents 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.

The Home Depot (NYSE:HD) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

The Home Depot Cash And Cash Equivalents Related Terms

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The Home Depot (HD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Home Depot Inc (NYSE:HD) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

HD:Peru HD:Mexico 1HD:Italy 0R1G:UK HDI:Germany HDI:Germany HDI:Germany HDI:Germany HD:Canada HOME34:Brazil HD:Argentina

Address

2455 Paces Ferry Road, Atlanta, GA, USA, 30339

Website

https://www.homedepot.com

Home Depot is the world's largest home improvement specialty retailer, operating more than 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the United States, Canada, and Mexico. Its stores offer numerous building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of distributor Interline Brands in 2015 allowed Home Depot to enter the maintenance, repair, and operations business, which has been expanded through the tie-up with HD Supply (2020). Moreover, the additions of the Company Store brought textile exposure to the lineup, while Redi Carpet added multifamily flooring.

Executives

William D Bastek	officer: EVP, Merchandising	2455 PACES FERRY RD., SE, C-20, ATLANTA GA 30339
Ann Marie Campbell	officer: EVP - U.S. Stores	2455 PACES FERRY ROAD, ATLANTA GA 30339
Kimberly R Scardino	officer: SVP-Finance, CAO & Controller	108 WILMOT ROAD, DEERFIELD IL 60015
Richard V Mcphail	officer: EVP & CFO	2455 PACES FERRY RD SE, ATLANTA GA 30339
Timothy A. Hourigan	officer: EVP - Human Resources	2455 PACES FERRY RD, SE, ATLANTA GA 30339
Fahim Siddiqui	officer: EVP and CIO	2455 PACES FERRY RD., SE, ATLANTA GA 30339
Teresa Wynn Roseborough	officer: EVP, Gen. Counsel & Corp. Sec.	2455 PACES FERRY ROAD NW, C-20, ATLANTA GA 30339
Hector A Padilla	officer: EVP - Outside Sales & Service	2455 PACES FERRY RD., SE, ATLANTA GA 30339
Jeffrey G Kinnaird	officer: EVP - Merchandising	2455 PACES FERRY RD., SE, C-20 LEGAL AFFAIRS, ATLANTA GA 30339
Edward P. Decker	officer: EVP, Merchandising	2455 PACES FERRY RD NW, C-20, ATLANTA X1 30339
Matt Carey	officer: EVP & CIO	11216 WAPLES MILL ROAD SUITE 100, FAIRFAX VA 22030
Paula Santilli	director	PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Becker Caryn Seidman	director	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
John A. Deaton	officer: EVP - Supply Chain & Prod. Dev	2455 PACES FERRY RD., SE, ATLANTA GA 30339
Craig A Menear	director, officer: Chairman & CEO	1436 PEACHTREE BATTLE AVENUE, ATLANTA GA 30327