1834 Investments (XJAM:1834) Cash And Cash Equivalents : JMD213.53 Mil (As of Sep. 2022)

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What is 1834 Investments Cash And Cash Equivalents?

1834 Investments's quarterly cash and cash equivalents declined from Mar. 2022 (JMD220.09 Mil) to Jun. 2022 (JMD215.88 Mil) but then stayed the same from Jun. 2022 (JMD215.88 Mil) to Sep. 2022 (JMD213.53 Mil).

1834 Investments's annual cash and cash equivalents declined from Mar. 2020 (JMD110.58 Mil) to Mar. 2021 (JMD34.27 Mil) but then increased from Mar. 2021 (JMD34.27 Mil) to Mar. 2022 (JMD220.09 Mil).

1834 Investments Cash And Cash Equivalents Historical Data

The historical data trend for 1834 Investments'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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1834 Investments Cash And Cash Equivalents Chart

1834 Investments Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Cash And Cash Equivalents

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67.63

90.25

110.58

34.27

220.09

1834 Investments Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash And Cash Equivalents	Get a 7-Day Free Trial															23.45	242.66	220.09	215.88	213.53

1834 Investments 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.

1834 Investments (XJAM:1834) 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.

1834 Investments Cash And Cash Equivalents Related Terms

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1834 Investments (XJAM:1834) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » 1834 Investments Ltd (XJAM:1834) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

7 North Street, P.O. Box 40, Kingston, JAM

Website

http://www.1834investments.com

1834 Investments Ltd is a Jamaica-based investment management company. The company's main activity is the management of its income-generating real estate, bond, and equity investments. Also, its activities include the management of its joint venture and subsidiary companies. Its equity portfolio comprises a diversified mix of the stocks of local and overseas companies in North America, the United Kingdom, Europe, and Asia.

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