JMMB Group (TRN:JMMBGL) Cash And Cash Equivalents : TTD2,773 Mil (As of Dec. 2024)

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What is JMMB Group Cash And Cash Equivalents?

JMMB Group's quarterly cash and cash equivalents increased from Jun. 2024 (TTD2,466.22 Mil) to Sep. 2024 (TTD2,729.41 Mil) and increased from Sep. 2024 (TTD2,729.41 Mil) to Dec. 2024 (TTD2,772.74 Mil).

JMMB Group's annual cash and cash equivalents declined from Mar. 2022 (TTD1,768.34 Mil) to Mar. 2023 (TTD1,546.27 Mil) and declined from Mar. 2023 (TTD1,546.27 Mil) to Mar. 2024 (TTD1,542.52 Mil).

JMMB Group Cash And Cash Equivalents Historical Data

The historical data trend for JMMB Group'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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JMMB Group Cash And Cash Equivalents Chart

JMMB Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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1,369.59

2,548.71

1,768.34

1,546.27

1,542.52

JMMB Group Quarterly Data
	Mar19	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial													2,640.50	1,542.52	2,466.22	2,729.41	2,772.74

JMMB Group 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.

JMMB Group (TRN:JMMBGL) 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.

JMMB Group Cash And Cash Equivalents Related Terms

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JMMB Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » JMMB Group Ltd (TRN:JMMBGL) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

JMMBGL7.25C.PFD:Jamaica JMMBGL:Jamaica

Address

6 Haughton Terrace, Kingston, JAM, 10

Website

https://www.jmmb.com

JMMB Group Ltd is engaged in holding equity investments in business enterprises. Its services include securities brokering, stock brokering, portfolio planning, funds management, and investment advisory services. The operating business segments are Financial and related services, Banking and related services, and Others. The majority of its revenue is generated from Financial and related services.

JMMB Group Headlines

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