Nictus Holdings (NAM:NHL) Cash, Cash Equivalents, Marketable Securities : R503.2 Mil (As of Dec. 2023)

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What is Nictus Holdings Cash, Cash Equivalents, Marketable Securities?

Nictus Holdings's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (R337.91 Mil) to Jun. 2023 (R405.86 Mil) and increased from Jun. 2023 (R405.86 Mil) to Dec. 2023 (R503.24 Mil).

Nictus Holdings's annual cash, cash equivalents, marketable securities declined from Mar. 2021 (R348.42 Mil) to Jun. 2022 (R308.14 Mil) but then increased from Jun. 2022 (R308.14 Mil) to Jun. 2023 (R405.86 Mil).

Nictus Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Nictus Holdings'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.

Nictus Holdings Cash, Cash Equivalents, Marketable Securities Chart

Nictus Holdings Annual Data

Trend

Mar20

Mar21

Jun22

Jun23

Cash, Cash Equivalents, Marketable Securities

477.27

348.42

308.14

405.86

Nictus Holdings Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			348.42	-	337.91	405.86	503.24

Nictus Holdings 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.

Nictus Holdings (NAM:NHL) 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.

Nictus Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Nictus Holdings (NAM:NHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nictus Holdings Ltd (NAM:NHL) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 Mandume Ndemufayo Avenue, 1st Floor, Nictus Building, P.O. Box 755, Southern Industrial Area, Windhoek, NAM

Website

http://www.nictusholdings.com

Nictus Holdings Ltd retails automobiles, tyres, furniture and provides financial and insurance services in Namibia. The company operates through three segments namely, Retail, Properties, and Insurance and Finance. The Retail segment sells multi-brand tires, retreaded tires, wheels, and allied services. The Properties segment invests in properties. The Insurance and Finance segment provides risk management solutions, and financial assistance. Majority revenue of the company is earned from Retail segment.

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