Jollibee Foods (PHS:JFC) Cash And Cash Equivalents : ₱31,673 Mil (As of Mar. 2024)

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What is Jollibee Foods Cash And Cash Equivalents?

Jollibee Foods's quarterly cash and cash equivalents declined from Sep. 2023 (₱33,405.18 Mil) to Dec. 2023 (₱33,232.49 Mil) but then stayed the same from Dec. 2023 (₱33,232.49 Mil) to Mar. 2024 (₱31,672.63 Mil).

Jollibee Foods's annual cash and cash equivalents increased from Dec. 2021 (₱24,692.68 Mil) to Dec. 2022 (₱28,869.28 Mil) and increased from Dec. 2022 (₱28,869.28 Mil) to Dec. 2023 (₱33,232.49 Mil).

Jollibee Foods Cash And Cash Equivalents Historical Data

The historical data trend for Jollibee Foods's Cash And Cash Equivalents 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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Jollibee Foods Cash And Cash Equivalents Chart

Jollibee Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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20,892.02

21,361.49

24,692.68

28,869.28

33,232.49

Jollibee Foods Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															28,464.67	32,285.46	33,405.18	33,232.49	31,672.63

Jollibee Foods Cash And Cash Equivalents 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.

Jollibee Foods (PHS:JFC) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Jollibee Foods Cash And Cash Equivalents Related Terms

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Jollibee Foods (PHS:JFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Jollibee Foods Corp (PHS:JFC) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

JBFCY:USA JBFCF:USA

Address

10 F. Ortigas Junior avenue, 10th Floor, Jollibee Plaza Building, Ortigas Centre, Pasig, PHL, 1605

Website

https://www.jollibee.com.ph

Jollibee Foods Corp is engaged in operating and franchising quick-service restaurants. The company has three business segments; The food service segment is involved in the operations of QSRs and the manufacture of food, products to be sold to JFC Group-owned and franchised QSR outlets, The franchising segment is involved in the franchising of the JFC Group's QSR store concepts, and The leasing segment leases store sites mainly to the JFC Group's independent franchisees. The group's geographical segments are based on the location of the assets producing revenues in the Philippines and in other locations which include PRC, USA, Canada, Vietnam, Singapore, Malaysia, Italy, UK, UAE, Hongkong, Macau, Brunei, Taiwan, and Australia.

Jollibee Foods (PHS:JFC) Headlines

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