George Weston (TSX:WN.PR.D.PFD) Cash And Cash Equivalents : C$2,451.00 Mil (As of Dec. 2023)

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What is George Weston Cash And Cash Equivalents?

George Weston's quarterly cash and cash equivalents declined from Jun. 2023 (C$1,970.00 Mil) to Sep. 2023 (C$1,767.00 Mil) but then increased from Sep. 2023 (C$1,767.00 Mil) to Dec. 2023 (C$2,451.00 Mil).

George Weston's annual cash and cash equivalents declined from Dec. 2021 (C$2,984.00 Mil) to Dec. 2022 (C$2,313.00 Mil) but then increased from Dec. 2022 (C$2,313.00 Mil) to Dec. 2023 (C$2,451.00 Mil).

George Weston Cash And Cash Equivalents Historical Data

The historical data trend for George Weston'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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George Weston Cash And Cash Equivalents Chart

George Weston Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1,834.00

2,581.00

2,984.00

2,313.00

2,451.00

George Weston Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															2,313.00	1,874.00	1,970.00	1,767.00	2,451.00

George Weston 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.

George Weston (TSX:WN.PR.D.PFD) 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.

George Weston Cash And Cash Equivalents Related Terms

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George Weston (TSX:WN.PR.D.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » George Weston Ltd (TSX:WN.PR.D.PFD) » Definitions » Cash And Cash Equivalents

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WNGRF:USA WN.PR.E.PFD:Canada WN.PR.C.PFD:Canada WN.PR.A.PFD:Canada WN:Canada

Address

22 St. Clair Avenue East, Suite 1901, Toronto, ON, CAN, M4T 2S7

Website

https://www.weston.ca

George Weston is a holding company that controls a 53% stake in retailer Loblaw and a 62% stake in Choice Properties, a real estate investment trust. Loblaw boasts the largest retail footprint across Canada with 2,500 food retail and pharmacy stores under banners such as Loblaw, No-Frills, Maxi, and Shoppers Drug Mart. Meanwhile, open-ended Choice Properties REIT owns and manages 702 commercial and residential properties in Canada, generating 57% of its gross rental revenue from its largest tenant Loblaw. Previously, George Weston sold its wholly owned bakery Weston Foods in 2022. The firm is controlled by the Weston family, which owns a 65% stake.

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