Mumias Sugar Co (NAI:MSC) Cash And Cash Equivalents : KES34 Mil (As of Jun. 2018)

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What is Mumias Sugar Co Cash And Cash Equivalents?

Mumias Sugar Co's quarterly cash and cash equivalents declined from Jun. 2016 (KES117.52 Mil) to Jun. 2017 (KES8.77 Mil) but then increased from Jun. 2017 (KES8.77 Mil) to Jun. 2018 (KES34.40 Mil).

Mumias Sugar Co's annual cash and cash equivalents declined from Jun. 2016 (KES117.52 Mil) to Jun. 2017 (KES8.77 Mil) but then increased from Jun. 2017 (KES8.77 Mil) to Jun. 2018 (KES34.40 Mil).

Mumias Sugar Co Cash And Cash Equivalents Historical Data

The historical data trend for Mumias Sugar Co'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.

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Mumias Sugar Co Cash And Cash Equivalents Chart

Mumias Sugar Co Annual Data

Trend

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Cash And Cash Equivalents

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31.25

18.76

117.52

8.77

34.40

Mumias Sugar Co Semi-Annual Data
	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14	Jun15	Jun16	Jun17	Jun18
Cash And Cash Equivalents	Get a 7-Day Free Trial					31.25	18.76	117.52	8.77	34.40

Mumias Sugar Co 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.

Mumias Sugar Co (NAI:MSC) 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.

Mumias Sugar Co Cash And Cash Equivalents Related Terms

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Mumias Sugar Co (NAI:MSC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mumias Sugar Co Ltd (NAI:MSC) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

Kakamega-Bungoma Road, P. O Box Private Bag, Kakamega County, Mumias, KEN

Website

http://www.mumias-sugar.com

Mumias Sugar Co Ltd is engaged in the production and sale of sugar, ethanol, water. The company is also engaged in the generation and sale of electricity, and also sells bottled drinking water. Its segments include Sugar; Energy; Ethanol and Water in which Sugar segment generates most of the revenue.