Rogers Sugar (Rogers Sugar) Cash, Cash Equivalents, Marketable Securities : $4.3 Mil (As of Dec. 2023)

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

What is Rogers Sugar Cash, Cash Equivalents, Marketable Securities?

Rogers Sugar's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 ($0.22 Mil) to Sep. 2023 ($0.03 Mil) but then increased from Sep. 2023 ($0.03 Mil) to Dec. 2023 ($4.35 Mil).

Rogers Sugar's annual cash, cash equivalents, marketable securities declined from Sep. 2021 ($12.35 Mil) to Sep. 2022 ($0.11 Mil) and declined from Sep. 2022 ($0.11 Mil) to Sep. 2023 ($0.03 Mil).

Rogers Sugar Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Rogers Sugar'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.

Rogers Sugar Cash, Cash Equivalents, Marketable Securities Chart

Rogers Sugar Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

0.21

1.49

12.35

0.11

0.03

Rogers Sugar Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															9.49	1.42	0.22	0.03	4.35

Rogers Sugar 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.

Rogers Sugar (OTCPK:RSGUF) 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.

Rogers Sugar Cash, Cash Equivalents, Marketable Securities Related Terms

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

Rogers Sugar (Rogers Sugar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rogers Sugar Inc (OTCPK:RSGUF) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

16R:Germany RSI:Canada

Address

123 Rogers Street, Vancouver, BC, CAN, V6B 3V2

Website

https://www.lanticrogers.com

Rogers Sugar Inc is a Canada-based sugar-producing company. The company along with its subsidiaries is principally engaged in refining, packaging, and marketing sugar products. The products offered by the company include Brown sugar, Yellow sugar, Icing sugar and other related sugar products. It operates in the following reportable segments: Sugar and Maple products, of which the majority of the revenue comes from sugar products. Its geographical segments include Canada, which is the key revenue generator; the United States; Europe; and others.