Collins Property Group (JSE:CPP) Cash And Cash Equivalents : R159 Mil (As of Aug. 2023)

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What is Collins Property Group Cash And Cash Equivalents?

Collins Property Group's quarterly cash and cash equivalents declined from Aug. 2022 (R224.54 Mil) to Feb. 2023 (R218.41 Mil) but then stayed the same from Feb. 2023 (R218.41 Mil) to Aug. 2023 (R158.60 Mil).

Collins Property Group's annual cash and cash equivalents declined from Feb. 2021 (R532.52 Mil) to Feb. 2022 (R418.26 Mil) and declined from Feb. 2022 (R418.26 Mil) to Feb. 2023 (R218.41 Mil).

Collins Property Group Cash And Cash Equivalents Historical Data

The historical data trend for Collins Property Group'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.

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Collins Property Group Cash And Cash Equivalents Chart

Collins Property Group Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash And Cash Equivalents

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234.32

454.62

532.52

418.26

218.41

Collins Property Group Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Cash And Cash Equivalents	Get a 7-Day Free Trial															403.50	418.26	224.54	218.41	158.60

Collins Property Group 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.

Collins Property Group (JSE:CPP) 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.

Collins Property Group Cash And Cash Equivalents Related Terms

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Collins Property Group (JSE:CPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Collins Property Group Ltd (JSE:CPP) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

1 Richefond Circle, Ridgeside Office Park, Umhlanga, NL, ZAF, 4319

Website

https://www.tradehold.co.za

Collins Property Group Ltd operates as an investment holding company, with interests in real properties, service offices, and financial services. Its activities include the development and management of commercial and residential real estate. It operates through the following segments: Property Austria; Property Namibia; Property rest of Africa; Property South Africa and Other. Its revenue includes rental income, initiation fees, interest income, other fee income and service charges, and revenue from hotel operations.