IG Design Group (LSE:IGR) Cash, Cash Equivalents, Marketable Securities : £57.8 Mil (As of Sep. 2023)

View and export this data going back to 1995. Start your Free Trial

What is IG Design Group Cash, Cash Equivalents, Marketable Securities?

IG Design Group's quarterly cash, cash equivalents, marketable securities declined from Sep. 2022 (£73.64 Mil) to Mar. 2023 (£70.22 Mil) but then stayed the same from Mar. 2023 (£70.22 Mil) to Sep. 2023 (£57.83 Mil).

IG Design Group's annual cash, cash equivalents, marketable securities declined from Mar. 2021 (£95.72 Mil) to Mar. 2022 (£38.09 Mil) but then increased from Mar. 2022 (£38.09 Mil) to Mar. 2023 (£70.22 Mil).

IG Design Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for IG Design Group'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.

IG Design Group Cash, Cash Equivalents, Marketable Securities Chart

IG Design Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

84.18

67.23

95.72

38.09

70.22

IG Design Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															70.14	38.09	73.64	70.22	57.83

IG Design Group 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.

IG Design Group (LSE:IGR) 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.

IG Design Group Cash, Cash Equivalents, Marketable Securities Related Terms

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

IG Design Group (LSE:IGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » IG Design Group PLC (LSE:IGR) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

IGR.GB:UK

Address

Howard Way, Howard House, Interchange Park, Newport Pagnell, GBR, MK16 9PX

Website

https://www.thedesigngroup.com

IG Design Group PLC is a UK-based company that operates in a single segment of design, manufacture, and distribution of Celebrations, Craft and creative play, Stationery, Gifting, and 'Not-for-resale' consumable products. Its Celebrations products are greetings cards, gift wrap, Christmas crackers, gift bags, and partyware. Gifting items include food and non-food gifts, photo Frames and Albums, and Calendars. Its Craft product ranges include Ribbons and Trim, Sewing Patterns, Buttons, Needlecrafts, and Kids Craft lines. The not-For-resale category includes Paper Twist Handle Bags and Polaris. It operates in two geographical segments: DG Americas, which includes overseas operations; and DG International, which consists of the UK and associated Asian operations, Europe, and Australia.