The Jean Coutu Group (PJC) (The Jean Coutu Group (PJC)) Cash, Cash Equivalents, Marketable Securities : $200 Mil (As of Nov. 2017)

The Jean Coutu Group (PJC) Cash, Cash Equivalents, Marketable Securities Chart

The Jean Coutu Group (PJC) Annual Data
	Trend	May07	Feb09	Feb10	Feb11	Feb12	Feb13	Feb14	Feb15	Feb16	Feb17
Cash, Cash Equivalents, Marketable Securities		Get a 7-Day Free Trial					19.81	67.22	97.53	72.70	136.47

The Jean Coutu Group (PJC) Quarterly Data
	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															113.44	136.47	139.13	182.66	200.11

The Jean Coutu Group (PJC) 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.

The Jean Coutu Group (PJC)  (OTCPK:JCOUF) 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.

The Jean Coutu Group (PJC) Cash, Cash Equivalents, Marketable Securities Related Terms

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The Jean Coutu Group (PJC) (The Jean Coutu Group (PJC)) Business Description