Nestle Nigeria (NSA:NSTL) Cash, Cash Equivalents, Marketable Securities : ₦44,276 Mil (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Nestle Nigeria Cash, Cash Equivalents, Marketable Securities?

Nestle Nigeria's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 (₦152,270.21 Mil) to Dec. 2023 (₦167,735.01 Mil) but then stayed the same from Dec. 2023 (₦167,735.01 Mil) to Mar. 2024 (₦44,276.49 Mil).

Nestle Nigeria's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (₦100,518.16 Mil) to Dec. 2022 (₦117,932.43 Mil) and increased from Dec. 2022 (₦117,932.43 Mil) to Dec. 2023 (₦167,735.01 Mil).

Nestle Nigeria Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Nestle Nigeria'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.

Nestle Nigeria Cash, Cash Equivalents, Marketable Securities Chart

Nestle Nigeria Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

6,978.07

58,703.21

100,518.16

117,932.43

167,735.01

Nestle Nigeria Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															102,044.51	117,491.49	152,270.21	167,735.01	44,276.49

Nestle Nigeria 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.

Nestle Nigeria (NSA:NSTL) 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.

Nestle Nigeria Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Nestle Nigeria's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Nestle Nigeria (NSA:NSTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nestle Nigeria PLC (NSA:NSTL) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

22-24, Industrial Avenue, Ilupeju, Lagos, Ikeja, NGA, P.M.B. 21164

Website

https://www.nestle-cwa.com

Nestle Nigeria PLC is a food and beverage company. It is involved in the business of manufacturing, marketing, and distribution of food products. The firm has categorized its products into Baby foods, Coffee, Culinary, Dairy, Drinks, and Recipes. It develops and markets its products under brands such as Cerelac, Nescafe, Nido, Maggi, Milo, etc. The company has Food and Beverage reportable segments. The food segment engaged in the production and sale of Maggi, Cerelac, SMA, Nan, Lactogen, and Golden Morn. The beverages segment consists of the production and sale of Milo, Chocomilo, Nido, Nescafe, Milo ready-to-drink, and Nestle Pure Life. The food segment generates the majority of the revenue. The majority of the revenue is generated from Nigeria.

Nestle Nigeria (NSA:NSTL) Headlines

No Headlines