Global Food and Ingredients (TSXV:PEAS.H) Cash, Cash Equivalents, Marketable Securities : C$0.4 Mil (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Global Food and Ingredients Cash, Cash Equivalents, Marketable Securities?

Global Food and Ingredients's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 (C$0.71 Mil) to Sep. 2023 (C$0.30 Mil) but then increased from Sep. 2023 (C$0.30 Mil) to Dec. 2023 (C$0.35 Mil).

Global Food and Ingredients's annual cash, cash equivalents, marketable securities increased from Mar. 2021 (C$1.56 Mil) to Mar. 2022 (C$1.79 Mil) but then declined from Mar. 2022 (C$1.79 Mil) to Mar. 2023 (C$0.48 Mil).

Global Food and Ingredients Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Global Food and Ingredients'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.

Global Food and Ingredients Cash, Cash Equivalents, Marketable Securities Chart

Global Food and Ingredients Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

0.94

1.56

1.79

0.48

Global Food and Ingredients Quarterly Data
	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial									3.19	0.48	0.71	0.30	0.35

Global Food and Ingredients 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.

Global Food and Ingredients (TSXV:PEAS.H) 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.

Global Food and Ingredients Cash, Cash Equivalents, Marketable Securities Related Terms

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

Global Food and Ingredients (TSXV:PEAS.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Global Food and Ingredients Inc (TSXV:PEAS.H) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

PEASF:USA

Address

43 Colborne Street, Suite 400, Toronto, ON, CAN, M5E 1E3

Website

https://www.gfiglobalfood.com

Global Food and Ingredients Inc is a plant-based food and ingredients company, focused on pulses and specialty crops chain for peas, beans, lentils, chickpeas and other high protein specialty crops. The Company supplies premium plant-based high protein ingredients to customers around the world and distributes truckload and less-than truckload of bagged product directly to food processing companies, foodservice companies and institutional buyers (educational institutions, healthcare facilities, correctional facilities, etc.) in North America.

Global Food and Ingredients (TSXV:PEAS.H) Headlines

No Headlines