Dairibord Holdings (XZIM:DZL.ZW) Cash And Cash Equivalents : ZWL1,832 Mil (As of Dec. 2022)

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What is Dairibord Holdings Cash And Cash Equivalents?

Dairibord Holdings's quarterly cash and cash equivalents declined from Dec. 2021 (ZWL689.10 Mil) to Jun. 2022 (ZWL274.14 Mil) but then increased from Jun. 2022 (ZWL274.14 Mil) to Dec. 2022 (ZWL1,832.25 Mil).

Dairibord Holdings's annual cash and cash equivalents increased from Dec. 2020 (ZWL330.60 Mil) to Dec. 2021 (ZWL689.10 Mil) and increased from Dec. 2021 (ZWL689.10 Mil) to Dec. 2022 (ZWL1,832.25 Mil).

Dairibord Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Dairibord 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.

Dairibord Holdings Cash And Cash Equivalents Chart

Dairibord Holdings Annual Data

Trend

Dec08

Dec09

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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56.92

84.51

330.60

689.10

1,832.25

Dairibord Holdings Semi-Annual Data
	Dec09	Jun11	Dec11	Jun12	Dec12	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Cash And Cash Equivalents	Get a 7-Day Free Trial										330.60	190.46	689.10	274.14	1,832.25

Dairibord 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.

Dairibord Holdings (XZIM:DZL.ZW) 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.

Dairibord Holdings Cash And Cash Equivalents Related Terms

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Dairibord Holdings (XZIM:DZL.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dairibord Holdings Ltd (XZIM:DZL.ZW) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

1225 Rekayi Tangwena Avenue, Belvedere, P.O. Box 587, Harare, ZWE

Website

https://www.dairibord.com

Dairibord Holdings Ltd manufactures, processes, markets, and distributes milk products, foods, and beverages in Zimbabwe. It operates through Manufacturing and Distribution (Zimbabwe), Corporate, and Properties segments. The company generates maximum revenue from the Manufacturing and Distribution segment. It offers various products, including liquid milk products, such as short and long shelf life, cultured, and cream milk products; food products comprising yoghurts, ice creams, cheese, ice cream cone shells, condiments, spreads, sauces, butter, and ghee; and beverages, which include cordials, ready to drink dairy and non-dairy beverages, teas, mineral water, juices, and drinking chocolate.

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