Seed Co (XZIM:SEED.ZW) Cash, Cash Equivalents, Marketable Securities : ZWL6,130 Mil (As of Sep. 2023)

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What is Seed Co Cash, Cash Equivalents, Marketable Securities?

Seed Co's quarterly cash, cash equivalents, marketable securities increased from Sep. 2022 (ZWL1,118.01 Mil) to Mar. 2023 (ZWL4,725.32 Mil) and increased from Mar. 2023 (ZWL4,725.32 Mil) to Sep. 2023 (ZWL6,130.00 Mil).

Seed Co's annual cash, cash equivalents, marketable securities increased from Mar. 2021 (ZWL1,652.13 Mil) to Mar. 2022 (ZWL2,545.77 Mil) and increased from Mar. 2022 (ZWL2,545.77 Mil) to Mar. 2023 (ZWL4,725.32 Mil).

Seed Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Seed Co'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.

Seed Co Cash, Cash Equivalents, Marketable Securities Chart

Seed Co Annual Data

Trend

Mar09

Mar11

Mar12

Mar19

Mar20

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

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214.50

33.83

1,652.13

2,545.77

4,725.32

Seed Co Semi-Annual Data
	Mar09	Mar11	Sep11	Mar12	Sep12	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial										172.77	2,545.77	1,118.01	4,725.32	6,130.00

Seed Co 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.

Seed Co (XZIM:SEED.ZW) 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.

Seed Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Seed Co (XZIM:SEED.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Seed Co Ltd (XZIM:SEED.ZW) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

Shamwari Road, Stapleford, Westgate, P.O. Box WGT 64, Harare, ZWE

Website

https://www.seedcogroup.com

Seed Co Ltd is engaged in the business of processing agricultural seeds. The company is involved in the breeding, multiplication, and distribution of mainly hybrid seed varieties for crops such as maize, wheat, soya beans, sugar beans, cowpeas, sorghum, groundnuts, and vegetables. It generates maximum revenue from the maize crop.

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