Vividend Management Group (JSE:VIF) Cash, Cash Equivalents, Marketable Securities : R80.7 Mil (As of Feb. 2014)

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What is Vividend Management Group Cash, Cash Equivalents, Marketable Securities?

Vividend Management Group's quarterly cash, cash equivalents, marketable securities declined from Feb. 2012 (R459.09 Mil) to Feb. 2013 (R66.34 Mil) but then increased from Feb. 2013 (R66.34 Mil) to Feb. 2014 (R80.70 Mil).

Vividend Management Group's annual cash, cash equivalents, marketable securities increased from Aug. 2011 (R47.25 Mil) to Aug. 2012 (R81.20 Mil) and increased from Aug. 2012 (R81.20 Mil) to Aug. 2013 (R171.80 Mil).

Vividend Management Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Vividend Management Group'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.

Vividend Management Group Cash, Cash Equivalents, Marketable Securities Chart

Vividend Management Group Annual Data

Trend

Aug11

Aug12

Aug13

Cash, Cash Equivalents, Marketable Securities

47.25

81.20

171.80

Vividend Management Group Semi-Annual Data
	Feb11	Feb12	Feb13	Feb14
Cash, Cash Equivalents, Marketable Securities	388,068.93	459.09	66.34	80.70

Vividend Management Group 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.

Vividend Management Group (JSE:VIF) 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.

Vividend Management Group Cash, Cash Equivalents, Marketable Securities Related Terms

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Vividend Management Group (JSE:VIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vividend Management Group (JSE:VIF) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

Website

http://www.vividend.co.za

Vividend Management Group was incorporated on 17 February 2010. It is a real estate investment trust ( REIT). The Company's portfolio consists of investments in assets and opportunities within the various property sectors in South Africa and abroad with primary focus on the retail, commercial, industrial and office sectors. The Company own a portfolio of 22 properties providing 223 444 square metres of retail and commercial space.

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