Seed Co (XZIM:SEED.ZW) Cash And Cash Equivalents : ZWL6,130 Mil (As of Sep. 2023)

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What is Seed Co Cash And Cash Equivalents?

Seed Co's quarterly cash and cash equivalents declined from Sep. 2022 (ZWL1,118.01 Mil) to Mar. 2023 (ZWL740.20 Mil) but then increased from Mar. 2023 (ZWL740.20 Mil) to Sep. 2023 (ZWL6,130.00 Mil).

Seed Co's annual cash and cash equivalents declined from Mar. 2021 (ZWL923.35 Mil) to Mar. 2022 (ZWL759.22 Mil) and declined from Mar. 2022 (ZWL759.22 Mil) to Mar. 2023 (ZWL740.20 Mil).

Seed Co Cash And Cash Equivalents Historical Data

The historical data trend for Seed Co'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.

Seed Co Cash And Cash Equivalents Chart

Seed Co Annual Data

Trend

Mar09

Mar11

Mar12

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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98.06

33.83

923.35

759.22

740.20

Seed Co Semi-Annual Data
	Mar09	Mar11	Sep11	Mar12	Sep12	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial										172.77	759.22	1,118.01	740.20	6,130.00

Seed Co 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.

Seed Co (XZIM:SEED.ZW) 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.

Seed Co Cash And Cash Equivalents Related Terms

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Seed Co (XZIM:SEED.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Seed Co Ltd (XZIM:SEED.ZW) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Shamwari Road, Stapleford, Westgate, P.O. Box WGT 64, Harare, ZWE

Website

https://www.seedcogroup.com

Seed Co Ltd is engaged in the business of processing agricultural seeds. The company is involved in the breeding, multiplication, and distribution of mainly hybrid seed varieties for crops such as maize, wheat, soya beans, sugar beans, cowpeas, sorghum, groundnuts, and vegetables. It generates maximum revenue from the maize crop.

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