Shoprite Holdings (Shoprite Holdings) Cash And Cash Equivalents : $512 Mil (As of Dec. 2023)

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What is Shoprite Holdings Cash And Cash Equivalents?

Shoprite Holdings's quarterly cash and cash equivalents increased from Dec. 2022 ($550.87 Mil) to Jun. 2023 ($669.41 Mil) but then stayed the same from Jun. 2023 ($669.41 Mil) to Dec. 2023 ($511.95 Mil).

Shoprite Holdings's annual cash and cash equivalents increased from Jun. 2021 ($571.40 Mil) to Jun. 2022 ($674.39 Mil) but then declined from Jun. 2022 ($674.39 Mil) to Jun. 2023 ($669.41 Mil).

Shoprite Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Shoprite Holdings'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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Shoprite Holdings Cash And Cash Equivalents Chart

Shoprite Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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528.42

707.01

571.40

674.39

669.41

Shoprite Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															561.87	674.39	550.87	669.41	511.95

Shoprite Holdings 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.

Shoprite Holdings (OTCPK:SRGHY) 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.

Shoprite Holdings Cash And Cash Equivalents Related Terms

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Shoprite Holdings (Shoprite Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shoprite Holdings Ltd (OTCPK:SRGHY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

SHOPRITE:Zambia SHP:South Africa SRHGF:USA SRH:Namibia

Address

Cnr William Dabs Street and Old Paarl Road, Brackenfell, WC, ZAF, 7560

Website

https://www.shopriteholdings.co.za

Shoprite Holdings Ltd is part of The Shoprite Group of Companies, an African food retailer, which operates in countries across Africa and the Indian Ocean Islands. The primary business is food retailing. Besides food retailing, the company is operating in furniture, house products, fast foods, pharmacies, and liquor business segments. The company is targeting consumers at all income levels. The Checkers, Checkers Hyper, and House & Home stores address higher-income groups, while Shoprite Usave focuses on the lower end of the market. Shoprite and OK Furniture offer products for the middle- to lower-income market. The company's reportable segment includes, Supermarkets RSA, Supermarkets Non-RSA, Furniture and Other operating segment.

Shoprite Holdings (Shoprite Holdings) Headlines

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