Dominion Diamond (Dominion Diamond) Cash, Cash Equivalents, Marketable Securities : $131.2 Mil (As of Apr. 2017)

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What is Dominion Diamond Cash, Cash Equivalents, Marketable Securities?

Dominion Diamond's quarterly cash, cash equivalents, marketable securities declined from Oct. 2016 ($198.05 Mil) to Jan. 2017 ($136.17 Mil) but then stayed the same from Jan. 2017 ($136.17 Mil) to Apr. 2017 ($131.17 Mil).

Dominion Diamond's annual cash, cash equivalents, marketable securities declined from Jan. 2015 ($457.93 Mil) to Jan. 2016 ($320.04 Mil) and declined from Jan. 2016 ($320.04 Mil) to Jan. 2017 ($136.17 Mil).

Dominion Diamond Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Dominion Diamond'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.

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Dominion Diamond Cash, Cash Equivalents, Marketable Securities Chart

Dominion Diamond Annual Data

Trend

Jan08

Jan09

Jan10

Jan11

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Cash, Cash Equivalents, Marketable Securities

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104.31

224.78

457.93

320.04

136.17

Dominion Diamond Quarterly Data
	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															180.40	198.05	136.17	131.17	199.40

Dominion Diamond 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.

Dominion Diamond (NYSE:DDC) 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.

Dominion Diamond Cash, Cash Equivalents, Marketable Securities Related Terms

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Dominion Diamond (Dominion Diamond) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Dominion Diamond Corp (NYSE:DDC) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

Website

http://www.ddcorp.ca

Dominion Diamond Corp is a Canadian diamond mining company that supplies rough diamonds to the global market. The company owns two major diamond mines, the Ekati Diamond Mine, for which a controlling interest is owned by Dominion Diamond, and the Diavik Diamond Mine. Both mines are located in Canada's Northwest Territories. Dominion Diamond receives rough diamonds through its ownership interests in these mines, and sells the sorted and assessed diamonds to diamond manufacturers who cut and polish diamonds.