Switch to:
Scotts Miracle Gro Co (NYSE:SMG)
Cash and Cash Equivalents
$130 Mil (As of Dec. 2014)

Scotts Miracle Gro Co's quarterly cash and cash equivalents declined from Jun. 2014 ($147.20 Mil) to Sep. 2014 ($89.30 Mil) but then increased from Sep. 2014 ($89.30 Mil) to Dec. 2014 ($130.10 Mil).

Scotts Miracle Gro Co's annual cash and cash equivalents declined from Sep. 2012 ($131.90 Mil) to Sep. 2013 ($129.80 Mil) and declined from Sep. 2013 ($129.80 Mil) to Sep. 2014 ($89.30 Mil).


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.


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.

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Scotts Miracle Gro Co Annual Data

CashAndCashEquivalents 80486885728813113213089

Scotts Miracle Gro Co Quarterly Data

CashAndCashEquivalents 1321169910513012515314789130
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial