Zambia Metal Fabricators (LUS:ZAMEFA) Cash, Cash Equivalents, Marketable Securities : ZMW0.00 Mil (As of . 20)

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What is Zambia Metal Fabricators Cash, Cash Equivalents, Marketable Securities?

Zambia Metal Fabricators Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Zambia Metal Fabricators'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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Zambia Metal Fabricators Cash, Cash Equivalents, Marketable Securities Chart

Zambia Metal Fabricators Annual Data

Trend

Cash, Cash Equivalents, Marketable Securities

Zambia Metal Fabricators Semi-Annual Data

Cash, Cash Equivalents, Marketable Securities

Zambia Metal Fabricators 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.

Zambia Metal Fabricators (LUS:ZAMEFA) 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.

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Zambia Metal Fabricators (LUS:ZAMEFA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zambia Metal Fabricators Ltd (LUS:ZAMEFA) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

Cha Cha Cha Road, P.O. Box 90295, Luanshya, ZMB

Website

https://www.zamefa.com

Zambia Metal Fabricators Ltd is engaged in the manufacture of copper rods and copper and aluminum electrical conductors for sale to customers in the domestic and foreign markets. It also sells telecommunications cables which are sourced from within the Reunert group of companies. Its products include Low Voltage Cables (600/1000V), Building Wire, Bare Copper, Earth Wire, Flexible Cables and Wires, Aluminum Overhead Conductors, Aerial Bundle Conductors, Copper Rod, and Copper Shapes.

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