Jason Industries (Jason Industries) Cash, Cash Equivalents, Marketable Securities : $34.03 Mil (As of Jun. 2020)

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What is Jason Industries Cash, Cash Equivalents, Marketable Securities?

Jason Industries's quarterly cash, cash equivalents, marketable securities declined from Dec. 2019 ($84.53 Mil) to Mar. 2020 ($71.96 Mil) but then stayed the same from Mar. 2020 ($71.96 Mil) to Jun. 2020 ($34.03 Mil).

Jason Industries's annual cash, cash equivalents, marketable securities declined from Dec. 2017 ($48.89 Mil) to Dec. 2018 ($46.70 Mil) but then increased from Dec. 2018 ($46.70 Mil) to Dec. 2019 ($84.53 Mil).

Jason Industries Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Jason Industries'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.

Jason Industries Cash, Cash Equivalents, Marketable Securities Chart

Jason Industries Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Cash, Cash Equivalents, Marketable Securities

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35.94

40.86

48.89

46.70

84.53

Jason Industries Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															27.91	92.70	84.53	71.96	34.03

Jason Industries 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.

Jason Industries (GREY:JSSNP.PFD) 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.

Jason Industries Cash, Cash Equivalents, Marketable Securities Related Terms

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Jason Industries (Jason Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jason Industries Inc (GREY:JSSNP.PFD) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

833 East Michigan Street, Suite 900, Milwaukee, WI, USA, 53202

Website

http://www.jasoninc.com

Jason Industries Inc is an industrial manufacturing company. The company's operating segment includes Industrial; Engineered Components and Fiber Solutions. It generates maximum revenue from the Industrial segment. The company serves industries such as aerospace, automotive, construction, engineering, plastic, steel, hardware, welding, shipbuilding, industrial equipment, motorcycles, and lawn and turf care. Its industrial segment's product lines are comprised of industrial brushes, polishing buffs and compounds, abrasives, and roller technology products that are used in a broad range of industrial and infrastructure applications. Geographically, it derives a majority of revenue from the United States and also has a presence in Germany; Rest of Europe; Mexico and Other Countries.