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Kayseri Seker Fabrikasi AS (IST:KAYSE) Cash, Cash Equivalents, Marketable Securities : ₺1,422 Mil (As of Oct. 2023)


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What is Kayseri Seker Fabrikasi AS Cash, Cash Equivalents, Marketable Securities?

Kayseri Seker Fabrikasi AS's quarterly cash, cash equivalents, marketable securities declined from Apr. 2022 (₺180.32 Mil) to Oct. 2022 (₺154.75 Mil) but then increased from Oct. 2022 (₺154.75 Mil) to Oct. 2023 (₺1,422.47 Mil).

Kayseri Seker Fabrikasi AS's annual cash, cash equivalents, marketable securities increased from Apr. 2020 (₺13.56 Mil) to Apr. 2021 (₺205.49 Mil) but then declined from Apr. 2021 (₺205.49 Mil) to Apr. 2022 (₺180.32 Mil).

Kayseri Seker Fabrikasi AS Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Kayseri Seker Fabrikasi AS's Cash, Cash Equivalents, Marketable Securities 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.

Kayseri Seker Fabrikasi AS Cash, Cash Equivalents, Marketable Securities Chart

Kayseri Seker Fabrikasi AS Annual Data
Trend Apr20 Apr21 Apr22
Cash, Cash Equivalents, Marketable Securities
13.56 205.49 180.32

Kayseri Seker Fabrikasi AS Semi-Annual Data
Apr20 Apr21 Oct21 Apr22 Oct22 Oct23
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial 205.49 - 180.32 154.75 1,422.47

Kayseri Seker Fabrikasi AS Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Kayseri Seker Fabrikasi AS  (IST:KAYSE) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Kayseri Seker Fabrikasi AS Cash, Cash Equivalents, Marketable Securities Related Terms

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Kayseri Seker Fabrikasi AS (IST:KAYSE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kayseri Seker Fabrikasi AS (IST:KAYSE) » Definitions » Cash, Cash Equivalents, Marketable Securities
Comparable Companies
Traded in Other Exchanges
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Address
Seker Mahallesi Osman Kavuncu Bulvari No: 314, Kocasinan, Kayseri, TUR
Website
https://www.kayseriseker.com.tr
Kayseri Seker Fabrikasi AS engages in the production and trade of crystal, granulated and cube sugar, wet pulp, dry pulp, molasses, dried pulp with molasses, limestone, electricity production, and trade of seeds and fertilizers which are by-products of the sugar industry.

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