Delta (XZIM:DLTA.ZW) Cash And Cash Equivalents : ZWL15,984 Mil (As of Mar. 2022)

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What is Delta Cash And Cash Equivalents?

Delta's quarterly cash and cash equivalents declined from Mar. 2021 (ZWL3,052.93 Mil) to Sep. 2021 (ZWL2,309.84 Mil) but then increased from Sep. 2021 (ZWL2,309.84 Mil) to Mar. 2022 (ZWL15,984.07 Mil).

Delta's annual cash and cash equivalents increased from Mar. 2021 (ZWL3,052.93 Mil) to Mar. 2022 (ZWL15,984.07 Mil) and increased from Mar. 2022 (ZWL15,984.07 Mil) to Mar. 2023 (ZWL16,011.75 Mil).

Delta Cash And Cash Equivalents Historical Data

The historical data trend for Delta'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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Delta Cash And Cash Equivalents Chart

Delta Annual Data

Trend

Mar09

Mar11

Mar12

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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2,050.37

763.63

3,052.93

15,984.07

16,011.75

Delta Semi-Annual Data
	Mar11	Mar12	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Mar23
Cash And Cash Equivalents	Get a 7-Day Free Trial						925.13	3,052.93	2,309.84	15,984.07	16,011.75

Delta 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.

Delta (XZIM:DLTA.ZW) 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.

Delta Cash And Cash Equivalents Related Terms

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Delta (XZIM:DLTA.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Delta Corp Ltd (XZIM:DLTA.ZW) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

Sable House, Northridge Park, P.O. Box: BW 294, Northridge Close, Borrowdale, Harare, ZWE

Website

https://www.delta.co.zw

Delta Corp Ltd is principally an integrated beverage company. The firm manufactures and distributes beverages in Zimbabwe. The company operates through Lager Beer, Sparkling Beverages, Wines and Spirits and Sorghum Beer segments. The lager Beer segment manufactures and distributes lager beer (malt and sorghum-based clear beers). Sparkling Beverages segment trades in carbonated soft drinks and alternative non-alcoholic beverages, Wines and Spirits manufactures and distributes wines and spirits and the Sorghum Beer segment manufactures and sells sorghum-based opaque beer.

Delta (XZIM:DLTA.ZW) Headlines

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