Meikles (LSE:MIK) Beginning Cash Position: $4,760 Mil (As of Feb. 2024)

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LSE:MIK Meikles Ltd LSE:MIK
17 GF Score
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What is Meikles Beginning Cash Position?

Meikles LSE:MIK 17 Beginning Cash Position is $4,760 Mil as of Feb. 2024. GuruFocus rates LSE:MIK with a GF Score™ of 17/100.

Meikles's Beginning Cash Position for the quarter that ended in Feb. 2024 was $4,760 Mil.

Meikles's quarterly Beginning Cash Position increased from Sep. 2022 ($20 Mil) to Aug. 2023 ($281 Mil) and increased from Aug. 2023 ($281 Mil) to Feb. 2024 ($4,760 Mil).

Meikles's annual Beginning Cash Position increased from Mar. 2021 ($3 Mil) to Mar. 2022 ($8 Mil) and increased from Mar. 2022 ($8 Mil) to Feb. 2024 ($4,682 Mil).

Meikles Beginning Cash Position Related Terms

Meikles Beginning Cash Position Historical Data

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The historical data trend for Meikles's Beginning Cash Position 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.

Meikles Beginning Cash Position Chart

Meikles Annual Data
Trend Dec08 Dec09 Mar11 Mar12 Mar19 Mar20 Mar21 Mar22 Feb24
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only 0.83 -0.72 2.71 7.94 4,682.02

Meikles Semi-Annual Data
Dec08 Dec09 Mar11 Mar12 Sep12 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Aug23 Feb24
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.24 17.94 19.57 281.15 4,760.16
LSE:MIK
17GF Score
Meikles Ltd LSE:MIK
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Meikles Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $4,760 Mil mean?
Meikles (LSE:MIK) has a Beginning Cash Position of $4,760 Mil as of Feb. 2024. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Meikles and its competitors.
Is Meikles' Beginning Cash Position too high?
Meikles' current Beginning Cash Position is $4,760 Mil. Overall, Meikles has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Meikles' Beginning Cash Position compare to DDS and M?
Meikles' Beginning Cash Position of $4,760 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Retail - Cyclical company?
A good Beginning Cash Position depends on the Retail - Cyclical industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Meikles and its competitors. Meikles's current Beginning Cash Position is $4,760 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meikles stock overvalued right now?
Meikles (LSE:MIK) has a current Beginning Cash Position of $4,760 Mil. The current Beginning Cash Position is $4,760 Mil. Meikles' overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Meikles (LSE:MIK), the current Beginning Cash Position is $4,760 Mil as of Feb. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Meikles Business Description

Address 4 Steppes Road, Highlands, Harare, ZWE
Meikles Ltd is a Zimbabwe-based investment holding company with diversified segments. Its Supermarkets segment operates a chain of stores offering groceries, fresh produce, and household goods, generating the majority of the revenue in Zimbabwe. The Hotels segment provides accommodation, food and beverage services, event hosting, and leisure facilities. The Properties segment develops, leases, and manages commercial properties. The Security Services segment provides on-site personnel to corporate and residential clients, while the Corporate segment oversees administration and strategic planning. Operations are divided between Zimbabwe and non-Zimbabwe, with the majority of revenue coming from Zimbabwe.
17GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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