New Frontier Properties (JSE:NFP) Cash And Cash Equivalents : R31.9 Mil (As of May. 2020)

View and export this data going back to 2015. Start your Free Trial

What is New Frontier Properties Cash And Cash Equivalents?

New Frontier Properties's quarterly cash and cash equivalents increased from Nov. 2019 (R19.27 Mil) to Feb. 2020 (R32.05 Mil) but then stayed the same from Feb. 2020 (R32.05 Mil) to May. 2020 (R31.85 Mil).

New Frontier Properties's annual cash and cash equivalents declined from Aug. 2017 (R94.32 Mil) to Aug. 2018 (R62.95 Mil) and declined from Aug. 2018 (R62.95 Mil) to Aug. 2019 (R43.22 Mil).

New Frontier Properties Cash And Cash Equivalents Historical Data

The historical data trend for New Frontier Properties'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.

New Frontier Properties Cash And Cash Equivalents Chart

New Frontier Properties Annual Data

Trend

Dec14

Aug16

Aug17

Aug18

Aug19

Cash And Cash Equivalents

0.04

65.74

94.32

62.95

43.22

New Frontier Properties Quarterly Data
	May15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20
Cash And Cash Equivalents	Get a 7-Day Free Trial															217.09	43.22	19.27	32.05	31.85

New Frontier Properties 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.

New Frontier Properties (JSE:NFP) 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.

New Frontier Properties Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of New Frontier Properties's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

New Frontier Properties (JSE:NFP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » New Frontier Properties Ltd (JSE:NFP) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

B45 Twenty Foot Road, 5th Floor, La Croisette, Grand Baie, MUS

Website

http://newfrontierprop.com

New Frontier Properties Ltd operates as a UK real estate investment trust. The company's primary objective is to acquire and develop good quality, income-generating retail and logistics property in the UK and Europe. Its investment portfolio comprises UK shopping centers, Cleveland Centre in Middlesbrough, Coopers Square in Burton upon Trent, and Houndshill Shopping Centre in Blackpool.

New Frontier Properties (JSE:NFP) Headlines

No Headlines