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Next (FRA:NXG) Cash And Cash Equivalents : €182 Mil (As of Jul. 2024)


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What is Next Cash And Cash Equivalents?

Next's quarterly cash and cash equivalents increased from Jul. 2023 (€192.10 Mil) to Jan. 2024 (€219.64 Mil) but then stayed the same from Jan. 2024 (€219.64 Mil) to Jul. 2024 (€182.26 Mil).

Next's annual cash and cash equivalents declined from Jan. 2022 (€518.66 Mil) to Jan. 2023 (€119.27 Mil) but then increased from Jan. 2023 (€119.27 Mil) to Jan. 2024 (€219.64 Mil).


Next Cash And Cash Equivalents Historical Data

The historical data trend for Next'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.

* Premium members only.

Next Cash And Cash Equivalents Chart

Next Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.00 681.22 518.66 119.27 219.64

Next Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
Cash And Cash Equivalents 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 349.71 119.27 192.10 219.64 182.26

Next 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.


Next  (FRA:NXG) 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.


Next Cash And Cash Equivalents Related Terms

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Next Business Description

Traded in Other Exchanges
Address
Desford Road, Enderby, Leicester, GBR, LE19 4AT
Next PLC is a retailer that sells clothing, footwear, accessories, and home products. Majority of the company's offerings consist of its own Next-branded products. Maximum of the company's remaining sales are through retail stores outside of the United Kingdom that it franchises. Its segments include NEXT Online, NEXT Finance and NEXT Retail. Majority of the company's revenue comes from customers in the United Kingdom. It also has its presence in Rest of Europe, Middle East, Asia and Rest of the world.