GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ofis Yem Gida Sanayi ve Ticaret AS (IST:OFSYM) » Definitions » Cash, Cash Equivalents, Marketable Securities

Ofis Yem Gidanayi ve Ticaret AS (IST:OFSYM) Cash, Cash Equivalents, Marketable Securities : ₺177 Mil (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Ofis Yem Gidanayi ve Ticaret AS Cash, Cash Equivalents, Marketable Securities?

Ofis Yem Gidanayi ve Ticaret AS's quarterly cash, cash equivalents, marketable securities declined from Mar. 2023 (₺328.42 Mil) to Sep. 2023 (₺217.36 Mil) but then stayed the same from Sep. 2023 (₺217.36 Mil) to Dec. 2023 (₺176.87 Mil).

Ofis Yem Gidanayi ve Ticaret AS's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (₺76.37 Mil) to Dec. 2022 (₺885.01 Mil) but then declined from Dec. 2022 (₺885.01 Mil) to Dec. 2023 (₺176.87 Mil).

Ofis Yem Gidanayi ve Ticaret AS Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Ofis Yem Gidanayi ve Ticaret AS'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.

Ofis Yem Gidanayi ve Ticaret AS Cash, Cash Equivalents, Marketable Securities Chart

Ofis Yem Gidanayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash, Cash Equivalents, Marketable Securities
11.83 76.37 885.01 176.87

Ofis Yem Gidanayi ve Ticaret AS Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial - 885.01 328.42 217.36 176.87

Ofis Yem Gidanayi ve Ticaret AS 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.

Ofis Yem Gidanayi ve Ticaret AS  (IST:OFSYM) 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.

Ofis Yem Gidanayi ve Ticaret AS Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Ofis Yem Gidanayi ve Ticaret AS's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Ofis Yem Gidanayi ve Ticaret AS (IST:OFSYM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ofis Yem Gida Sanayi ve Ticaret AS (IST:OFSYM) » Definitions » Cash, Cash Equivalents, Marketable Securities
Comparable Companies
Traded in Other Exchanges
N/A
Address
Mustafa Kemal Mah. Dumlupinar,, Bulv. No:266, Number 15-16 06510, Tepe Prime Business Center Block C, Mezzanine Floor, Ankara District, Çankaya, TUR
Website
https://www.ofisyem.com.tr
Ofis Yem Gida Sanayi ve Ticaret AS operates in the Other Animal Food Manufacturing industry. The company's line of business includes the manufacturing of prepared feeds and feed ingredients for animals and fowls.

Ofis Yem Gidanayi ve Ticaret AS (IST:OFSYM) Headlines

No Headlines