ZCCM Investments Holdings (LSE:ZCC) Cash And Cash Equivalents : $12.3 Mil (As of Dec. 2022)

View and export this data going back to 1970. Start your Free Trial

What is ZCCM Investments Holdings Cash And Cash Equivalents?

ZCCM Investments Holdings's quarterly cash and cash equivalents declined from Dec. 2021 ($6.92 Mil) to Jun. 2022 ($0.00 Mil) but then increased from Jun. 2022 ($0.00 Mil) to Dec. 2022 ($12.34 Mil).

ZCCM Investments Holdings's annual cash and cash equivalents increased from Dec. 2020 ($6.80 Mil) to Dec. 2021 ($6.92 Mil) and increased from Dec. 2021 ($6.92 Mil) to Dec. 2022 ($12.34 Mil).

ZCCM Investments Holdings Cash And Cash Equivalents Historical Data

The historical data trend for ZCCM Investments 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.

ZCCM Investments Holdings Cash And Cash Equivalents Chart

ZCCM Investments Holdings Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

Get a 7-Day Free Trial

12.73

2.79

6.80

6.92

12.34

ZCCM Investments Holdings Semi-Annual Data
	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Cash And Cash Equivalents	Get a 7-Day Free Trial															6.80	-	6.92	-	12.34

ZCCM Investments 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.

ZCCM Investments Holdings (LSE:ZCC) 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.

ZCCM Investments Holdings Cash And Cash Equivalents Related Terms

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

ZCCM Investments Holdings (LSE:ZCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » ZCCM Investments Holdings PLC (LSE:ZCC) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

MLZAM:France

Address

Alick Nkhata Road, Mass Media Complex Area, P O Box 30048, Stand Number 16806, ZCCM-IH Office Park, Lusaka, ZMB, 10101

Website

https://www.zccm-ih.com.zm

ZCCM Investments Holdings PLC is an investment holding company managing the Zambian Government's stake in the mining sector, as the Zambian Government. The company operates in four segments namely ZCCM-IH Plc, Ndola Lime Company Limited, Investrust Bank Plc, and Misenge Environmental and Technical Services Limited.

ZCCM Investments Holdings (LSE:ZCC) Headlines

No Headlines