What is National Vision Holdings Cash, Cash Equivalents, Marketable Securities?
National Vision Holdings's quarterly cash, cash equivalents, marketable securities
increased
from Jun. 2023 ($254.65 Mil) to Sep. 2023 ($265.82 Mil) but then
stayed the same
from Sep. 2023 ($265.82 Mil) to Dec. 2023 ($149.90 Mil).
National Vision Holdings's annual cash, cash equivalents, marketable securities
declined
from Dec. 2021 ($305.80 Mil) to Dec. 2022 ($229.43 Mil) and
declined
from Dec. 2022 ($229.43 Mil) to Dec. 2023 ($149.90 Mil).
National Vision Holdings Cash, Cash Equivalents, Marketable Securities Historical Data
The historical data trend for National Vision Holdings'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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National Vision Holdings Cash, Cash Equivalents, Marketable Securities Chart
National Vision Holdings 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.
National Vision Holdings (NAS:EYE) 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.
National Vision Holdings Cash, Cash Equivalents, Marketable Securities Related Terms
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National Vision Holdings (National Vision Holdings) Business Description
National Vision Holdings Inc is an optical retailer in the U.S. Its product portfolio includes eyeglasses and sunglasses, contact lenses, accessories, and other products. The company has two operating segments; Owned and Host segment includes company-owned brands America's Best and Eyeglass World, In America's Best stores, vision care services are provided by optometrists or by independent professional corporations and Host operating consist of Military and Fred Meyer which provide eye exams by independent optometrists, and the Legacy segment manages the operations of, and supplies inventory and lab processing services to Legacy retail Vision Centers. It earns a majority of its revenue from the Owned and Host segment.
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