Sainsbury (J) (Sainsbury (J)) Cash And Cash Equivalents : $2,509 Mil (As of Feb. 2024)

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What is Sainsbury (J) Cash And Cash Equivalents?

Sainsbury (J)'s quarterly cash and cash equivalents increased from Feb. 2023 ($1,559.18 Mil) to Aug. 2023 ($2,626.43 Mil) but then stayed the same from Aug. 2023 ($2,626.43 Mil) to Feb. 2024 ($2,508.84 Mil).

Sainsbury (J)'s annual cash and cash equivalents declined from Feb. 2021 ($2,156.73 Mil) to Feb. 2022 ($1,092.02 Mil) but then increased from Feb. 2022 ($1,092.02 Mil) to Feb. 2023 ($1,559.18 Mil).

Sainsbury (J) Cash And Cash Equivalents Historical Data

The historical data trend for Sainsbury (J)'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.

Sainsbury (J) Cash And Cash Equivalents Chart

Sainsbury (J) Annual Data

Trend

Mar14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash And Cash Equivalents

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1,395.83

1,287.57

2,156.73

1,092.02

1,559.18

Sainsbury (J) Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Feb23	Aug23	Feb24
Cash And Cash Equivalents	Get a 7-Day Free Trial															2,221.15	1,063.24	1,559.18	2,626.43	2,508.84

Sainsbury (J) 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.

Sainsbury (J) (OTCPK:JSAIY) 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.

Sainsbury (J) Cash And Cash Equivalents Related Terms

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Sainsbury (J) (Sainsbury (J)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sainsbury (J) PLC (OTCPK:JSAIY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

JSNSF:USA SBRYl:UK SBRY:UK SUY1:Germany

Address

33 Holborn, London, GBR, EC1N 2HT

Website

https://www.about.sainsburys.co.uk

Founded in 1869, Sainsbury's is the second-largest U.K. grocery chain with around 16% market share. It operates around 600 supermarkets and 800 convenience stores, all in the U.K. The company has diversified away from core food by selling clothing, telecom equipment, and other nonfood items. In September 2016, it took a step further into nonfood retailing with the purchase of Home Retail Group, operating the Habitat and Argos chains (general merchandise and electronics stores), for GBP 1.10 billion. It has been selling products online since 1997.

Sainsbury (J) (Sainsbury (J)) Headlines

From GuruFocus

Sainsbury (J) PLC Stock Is Believed To Be Modestly Undervalued

By GF Value GF Value • 04-02-2021