Japan Tobacco (TSE:2914) Cash, Cash Equivalents, Marketable Securities : 円817,407 Mil (As of Mar. 2024)

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What is Japan Tobacco Cash, Cash Equivalents, Marketable Securities?

Japan Tobacco's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 (円947,017.00 Mil) to Dec. 2023 (円1,098,839.00 Mil) but then stayed the same from Dec. 2023 (円1,098,839.00 Mil) to Mar. 2024 (円817,407.00 Mil).

Japan Tobacco's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (円738,985.00 Mil) to Dec. 2022 (円904,562.00 Mil) and increased from Dec. 2022 (円904,562.00 Mil) to Dec. 2023 (円1,098,839.00 Mil).

Japan Tobacco Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Japan Tobacco'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.

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Japan Tobacco Cash, Cash Equivalents, Marketable Securities Chart

Japan Tobacco Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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379,101.00

557,672.00

738,985.00

904,562.00

1,098,839.00

Japan Tobacco 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															705,378.00	910,537.00	947,017.00	1,098,839.00	817,407.00

Japan Tobacco 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.

Japan Tobacco (TSE:2914) 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.

Japan Tobacco Cash, Cash Equivalents, Marketable Securities Related Terms

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Japan Tobacco (TSE:2914) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Japan Tobacco Inc (TSE:2914) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

JAPAY:USA JAPAF:USA JAT:Germany

Address

2-1, Toranomon 2-chome, Minato-ku, Tokyo, JPN, 105-8422

Website

http://www.jt.com

Japan Tobacco is the third-largest tobacco company globally. It owns a rich brand portfolio including Winston (non-U.S.), Camel (non-U.S.), and Mevius, and holds leading shares in many core markets including Japan, Russia, and the U.K. It has added Logic as a vaping brand and Ploom heated tobacco lines into its reduced-risk-product portfolio. The tobacco business contributes 90% of group sales and nearly all profits, with more than half generated by the overseas tobacco operations. JTI was created through the acquisition of R.J. Reynolds' non-U.S. operations in 1999 and further expanded through multiple acquisitions, of which the purchase of Gallaher in 2007 was the most notable, doubling JTI's sales. Pharmaceutical and processed food operations are the other businesses.

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