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Seprod (XJAM:SEP) Cash, Cash Equivalents, Marketable Securities : JMD5,796 Mil (As of Jun. 2023)


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What is Seprod Cash, Cash Equivalents, Marketable Securities?

Seprod's quarterly cash, cash equivalents, marketable securities declined from Jun. 2022 (JMD4,491.86 Mil) to Dec. 2022 (JMD4,470.00 Mil) but then increased from Dec. 2022 (JMD4,470.00 Mil) to Jun. 2023 (JMD5,796.04 Mil).

Seprod's annual cash, cash equivalents, marketable securities declined from Dec. 2020 (JMD2,786.00 Mil) to Dec. 2021 (JMD1,649.75 Mil) but then increased from Dec. 2021 (JMD1,649.75 Mil) to Dec. 2022 (JMD4,470.00 Mil).

Seprod Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Seprod'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.

Seprod Cash, Cash Equivalents, Marketable Securities Chart

Seprod Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash, Cash Equivalents, Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,055.34 1,476.29 2,786.00 1,649.75 4,470.00

Seprod Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,649.75 1,139.03 4,491.86 4,470.00 5,796.04

Seprod 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.

Seprod  (XJAM:SEP) 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.

Seprod Cash, Cash Equivalents, Marketable Securities Related Terms

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Seprod (XJAM:SEP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Seprod Ltd (XJAM:SEP) » Definitions » Cash, Cash Equivalents, Marketable Securities
Comparable Companies
XJAM:GK XJAM:SALF XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF BIMBOA HRL K MKC SGX:F34 SAU:2280 DUB:KRZ HKSE:02319
Traded in Other Exchanges
N/A
Address
3 Felix Fox Boulevard, Kingston, JAM
Website
https://www.seprod.com
Seprod Ltd manufactures and sells edible oils and fats, corn products, cereals, milk products, juices, sugar, and biscuits. The company's product portfolio includes oils and fats, cookies and crackers, milk products, milk beverages, juice beverages, canned meats and fish, sauces and seasonings, canned vegetables, jams and jellies, pasta, hot beverages, corn and cornmeal and sugar. Its products City under various brands including Betty, Chiffon, Gold Seal, Gourmet, Serge, Butterkist, Cool Fruit, Primrose, Dairy Maid, Swizzle, Chef, and Pronto, among others. The company is a merchandiser of consumer goods. Its operating segments are Manufacturing and Distribution, of which a majority of the revenue is derived from the Distribution segment.