Hennes & Mauritz AB (Hennes & Mauritz AB) Cash And Cash Equivalents : $1,997 Mil (As of Feb. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Hennes & Mauritz AB Cash And Cash Equivalents?

Hennes & Mauritz AB's quarterly cash and cash equivalents increased from Aug. 2023 ($0.00 Mil) to Nov. 2023 ($2,474.18 Mil) but then stayed the same from Nov. 2023 ($2,474.18 Mil) to Feb. 2024 ($1,997.01 Mil).

Hennes & Mauritz AB's annual cash and cash equivalents declined from Nov. 2021 ($3,120.43 Mil) to Nov. 2022 ($2,027.93 Mil) but then increased from Nov. 2022 ($2,027.93 Mil) to Nov. 2023 ($2,474.18 Mil).

Hennes & Mauritz AB Cash And Cash Equivalents Historical Data

The historical data trend for Hennes & Mauritz AB's Cash And Cash Equivalents 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.

Hennes & Mauritz AB Cash And Cash Equivalents Chart

Hennes & Mauritz AB Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Cash And Cash Equivalents

Get a 7-Day Free Trial

1,277.43

1,910.62

3,120.43

2,027.93

2,474.18

Hennes & Mauritz AB Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	-	-	2,474.18	1,997.01

Hennes & Mauritz AB Cash And Cash Equivalents 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.

Hennes & Mauritz AB (OTCPK:HNNMY) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Hennes & Mauritz AB Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Hennes & Mauritz AB's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Hennes & Mauritz AB (Hennes & Mauritz AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hennes & Mauritz AB (OTCPK:HNNMY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

HMRZF:USA HM B:Sweden HMBs:UK 0HBP:UK HMSA:Germany HMSB:Germany HMSB:Germany HMSB:Germany HMSB:Germany

Address

Master Samuelsgatan 46A, Stockholm, SWE, SE-106 38

Website

https://www.hmgroup.com

Hennes & Mauritz is a global multibrand fashion conglomerate that was founded in 1947. Its flagship H&M brand accounts for most of revenue, but the newer brands (COS, &Other Stories, Monki, Weekday, and newly launched Arket) are growing a bit faster. H&M commands low-single-digit market share in a fragmented global apparel market. Just under 70% of revenue is generated in Europe and Africa, 14% in Asia and Oceania, and 23% in North and South America. The company operates around 4,400 stores globally of which 3,947 are H&M-brand stores.

Hennes & Mauritz AB (Hennes & Mauritz AB) Headlines

From GuruFocus

Hennes & Mauritz AB Stock Appears To Be Modestly Overvalued

By GF Value GF Value • 04-02-2021

Hennes & Mauritz AB's Dividend Analysis

By GuruFocus Research • 11-07-2023

H&M IS PROUD TO RELEASE A PLAYFUL AND OVER-THE-TOP COLLECTION IN COLLABORATION WITH FASHION ICON, IRIS APFEL

By PRNewswire PRNewswire • 03-09-2022