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Kohl's Corp  (NYSE:KSS) Cash And Cash Equivalents: $552 Mil (As of Jul. 2017)

Kohl's Corp's quarterly cash and cash equivalents declined from Jan. 2017 ($1,074.00 Mil) to Apr. 2017 ($625.00 Mil) but then stayed the same from Apr. 2017 ($625.00 Mil) to Jul. 2017 ($552.00 Mil).

Kohl's Corp's annual cash and cash equivalents declined from Jan. 2015 ($1,407.00 Mil) to Jan. 2016 ($707.00 Mil) but then increased from Jan. 2016 ($707.00 Mil) to Jan. 2017 ($1,074.00 Mil).


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Kohl's Corp Annual Data

Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Cash And Cash Equivalents Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 537.00 971.00 1,407.00 707.00 1,074.00

Kohl's Corp Quarterly Data

Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17
Cash And Cash Equivalents Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 597.00 1,074.00 625.00 552.00 736.00

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.


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.


Related Terms


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From the Internet

KSS
15 Percent Yielding Unsecured Debt

- Seekingalpha 2017-11-19 15:26:13

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