Jishanye (Jishanye) Cash, Cash Equivalents, Marketable Securities : $1.07 Mil (As of Mar. 2016)

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What is Jishanye Cash, Cash Equivalents, Marketable Securities?

Jishanye's quarterly cash, cash equivalents, marketable securities increased from Sep. 2015 ($1.02 Mil) to Dec. 2015 ($1.04 Mil) and increased from Dec. 2015 ($1.04 Mil) to Mar. 2016 ($1.07 Mil).

Jishanye's annual cash, cash equivalents, marketable securities increased from Dec. 2013 ($0.00 Mil) to Dec. 2014 ($0.01 Mil) and increased from Dec. 2014 ($0.01 Mil) to Dec. 2015 ($1.04 Mil).

Jishanye Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Jishanye'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.

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Jishanye Cash, Cash Equivalents, Marketable Securities Chart

Jishanye Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Cash, Cash Equivalents, Marketable Securities

0.02

0.01

1.04

Jishanye Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial										0.01	1.03	1.02	1.04	1.07

Jishanye 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.

Jishanye (GREY:JSHY) 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.

Jishanye Cash, Cash Equivalents, Marketable Securities Related Terms

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Jishanye (Jishanye) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Jishanye Inc (GREY:JSHY) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 247, Minsheng 1st Road, 7th Floor, Xinxing District, Kaohsiung City, TWN, 800

Website

http://www.jishanye.com

Jishanye Inc through its subsidiary provides funeral management services. The company is engaged in one single operating segment consisting of funeral management services in Taiwan. The company's funeral management services include providing the necessary setting and personnel to meet the grieving family's religious and cultural preferences. The firm also offers death care management consultancy services to small and medium-sized enterprises. Its other services consist of providing the family with funeral merchandise, such as a coffin, funeral clothes, mourning dress, flowers, wreaths, candles, funerary offerings, cremation urns, cemetery plots and management of the cemetery.

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