PSG Financial Services Limited (JSE:KST) Cash, Cash Equivalents, Marketable Securities : R8,600 Mil (As of Feb. 2024)

View and export this data going back to 2014. Start your Free Trial

What is PSG Financial Services Limited Cash, Cash Equivalents, Marketable Securities?

PSG Financial Services Limited's quarterly cash, cash equivalents, marketable securities declined from Feb. 2023 (R8,272.53 Mil) to Aug. 2023 (R1,478.52 Mil) but then increased from Aug. 2023 (R1,478.52 Mil) to Feb. 2024 (R8,600.27 Mil).

PSG Financial Services Limited's annual cash, cash equivalents, marketable securities increased from Feb. 2022 (R1,694.79 Mil) to Feb. 2023 (R8,272.53 Mil) and increased from Feb. 2023 (R8,272.53 Mil) to Feb. 2024 (R8,600.27 Mil).

PSG Financial Services Limited Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for PSG Financial Services Limited'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.

PSG Financial Services Limited Cash, Cash Equivalents, Marketable Securities Chart

PSG Financial Services Limited Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

8,323.83

9,210.98

1,694.79

8,272.53

8,600.27

PSG Financial Services Limited Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															1,694.79	1,956.23	8,272.53	1,478.52	8,600.27

PSG Financial Services Limited 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.

PSG Financial Services Limited (JSE:KST) 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.

PSG Financial Services Limited Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of PSG Financial Services Limited's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

PSG Financial Services Limited (JSE:KST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PSG Financial Services Limited (JSE:KST) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

KFS:Namibia

Address

3 Howick Close, 4th Floor, The Edge, Tyger Waterfront, Tyger Valley, Bellville, ZAF, 7530

Website

https://www.psg.co.za

PSG Financial Services Limited is an independent financial services group. Business is executed through three operating divisions: PSG Wealth, PSG Asset Management, and PSG Insure. PSG Wealth provides the group with nearly half of its income, with PSG Insure outweighing PSG Asset Management. Through the Wealth unit, PSG delivers a comprehensive suite of products to individuals, families, and businesses. Some of the PSG Wealth offerings include investment products, stockbroking, estate and trust services, and many other related products. Offerings under PSG Insure cover a range of short-term insurance solutions, for both personal and commercial needs. PSG rounds out its portfolio with the PSG Asset Management group which offers a range of local unit trusts and international funds.

PSG Financial Services Limited (JSE:KST) Headlines

No Headlines