Smart (J) (Contractors) (LSE:SMJ) Cash And Cash Equivalents : £15.18 Mil (As of Jan. 2024)

View and export this data going back to 1965. Start your Free Trial

What is Smart (J) (Contractors) Cash And Cash Equivalents?

Smart (J) (Contractors)'s quarterly cash and cash equivalents declined from Jan. 2023 (£25.80 Mil) to Jul. 2023 (£18.66 Mil) but then stayed the same from Jul. 2023 (£18.66 Mil) to Jan. 2024 (£15.18 Mil).

Smart (J) (Contractors)'s annual cash and cash equivalents increased from Jul. 2021 (£19.36 Mil) to Jul. 2022 (£31.80 Mil) but then declined from Jul. 2022 (£31.80 Mil) to Jul. 2023 (£18.66 Mil).

Smart (J) (Contractors) Cash And Cash Equivalents Historical Data

The historical data trend for Smart (J) (Contractors)'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.

Smart (J) (Contractors) Cash And Cash Equivalents Chart

Smart (J) (Contractors) Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash And Cash Equivalents

Get a 7-Day Free Trial

25.70

23.12

19.36

31.80

18.66

Smart (J) (Contractors) Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Cash And Cash Equivalents	Get a 7-Day Free Trial															38.91	31.80	25.80	18.66	15.18

Smart (J) (Contractors) 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.

Smart (J) (Contractors) (LSE:SMJ) 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.

Smart (J) (Contractors) Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Smart (J) (Contractors)'s Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Smart (J) (Contractors) (LSE:SMJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Smart (J) & Co (Contractors) PLC (LSE:SMJ) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Cramond Road South, Edinburgh, GBR, EH4 6AB

Website

https://www.jsmart.co.uk

Smart (J) & Co (Contractors) PLC is a construction company. Its activities include building and civil engineering contracting, a residential development for sale, and the development of industrial and commercial property for lease and sale. The main construction activity undertaken by the company is that of social housing for several housing associations and registered social landlords predominately in the Edinburgh area. It has a portfolio of self-financed industrial and commercial properties that are owned and managed by its subsidiary company. The investment properties are located throughout the central belt of Scotland and in the Edinburgh area.

Smart (J) (Contractors) (LSE:SMJ) Headlines

No Headlines