Cullinan Holdings (JSE:CULP.PFD) Cash And Cash Equivalents : R246.98 Mil (As of Sep. 2017)

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What is Cullinan Holdings Cash And Cash Equivalents?

Cullinan Holdings's quarterly cash and cash equivalents declined from Sep. 2016 (R229.69 Mil) to Mar. 2017 (R214.27 Mil) but then increased from Mar. 2017 (R214.27 Mil) to Sep. 2017 (R246.98 Mil).

Cullinan Holdings's annual cash and cash equivalents increased from Sep. 2015 (R108.63 Mil) to Sep. 2016 (R229.69 Mil) and increased from Sep. 2016 (R229.69 Mil) to Sep. 2017 (R246.98 Mil).

Cullinan Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Cullinan 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.

* Premium members only.

Cullinan Holdings Cash And Cash Equivalents Chart

Cullinan Holdings Annual Data

Trend

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Cash And Cash Equivalents

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205.94

186.06

108.63

229.69

246.98

Cullinan Holdings Semi-Annual Data
	Mar08	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17
Cash And Cash Equivalents	Get a 7-Day Free Trial															108.63	167.35	229.69	214.27	246.98

Cullinan 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.

Cullinan Holdings (JSE:CULP.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.

Cullinan Holdings Cash And Cash Equivalents Related Terms

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Cullinan Holdings (JSE:CULP.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Cullinan Holdings Ltd (JSE:CULP.PFD) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.cullinan.co.za

Cullinan Holdings Ltd is engaged in leisure business sector. The business of the company operates in segments that include Marine and Boating; which supplies marine and boating equipment to boat builders and wholesalers; Travel and Tourism, which provides outbound tours, inbound tours, and coaching and touring; Financial Services, which provides bridging finance primarily on property transfers, marine finance aimed at boat building; and Corporate Services, which focus on projects to support community development. The Travel and Tourism business segment generates maximum revenue for the company.

Cullinan Holdings (JSE:CULP.PFD) Headlines

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