Smith & Wesson Brands (Smith & Wesson Brands) Cash And Cash Equivalents : $47.4 Mil (As of Jan. 2024)

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What is Smith & Wesson Brands Cash And Cash Equivalents?

Smith & Wesson Brands's quarterly cash and cash equivalents declined from Jul. 2023 ($55.48 Mil) to Oct. 2023 ($44.19 Mil) but then increased from Oct. 2023 ($44.19 Mil) to Jan. 2024 ($47.37 Mil).

Smith & Wesson Brands's annual cash and cash equivalents increased from Apr. 2021 ($113.02 Mil) to Apr. 2022 ($120.73 Mil) but then declined from Apr. 2022 ($120.73 Mil) to Apr. 2023 ($53.56 Mil).

Smith & Wesson Brands Cash And Cash Equivalents Historical Data

The historical data trend for Smith & Wesson Brands'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.

* Premium members only.

Smith & Wesson Brands Cash And Cash Equivalents Chart

Smith & Wesson Brands Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash And Cash Equivalents

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41.02

125.01

113.02

120.73

53.56

Smith & Wesson Brands Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash And Cash Equivalents	Get a 7-Day Free Trial															44.60	53.56	55.48	44.19	47.37

Smith & Wesson Brands 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.

Smith & Wesson Brands (NAS:SWBI) 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.

Smith & Wesson Brands Cash And Cash Equivalents Related Terms

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Smith & Wesson Brands (Smith & Wesson Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Smith & Wesson Brands Inc (NAS:SWBI) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

SWS:Germany SWS:Germany

Address

2100 Roosevelt Avenue, Springfield, MA, USA, 01104

Website

https://www.smith-wesson.com

Smith & Wesson Brands Inc is a U.S.-based leader in firearm manufacturing. It operates under one reportable segment: Firearms, which includes firearms distribution and manufacturing services. The company manufactures handguns, long guns, sporting rifles, shooting gear, and suppressor products. The firm's brand portfolio consists of Smith and Wesson, M&P, Thompson/Center Arms, Performance Center, and Gemtech; which are used for defense, law enforcement, hunting, and sporting purposes. The company operates internationally, with the majority of income generated by the U.S. market from its handgun products.

Executives

Robert L Scott	director	14500 N. NORTHSIGHT, SUITE 116, SCOTTSDALE AZ 85260
Michelle Lohmeier	director	C/O SPIRIT AEROSYSTEMS HOLDINGS, INC., WICHITA KS 67210
John B Furman	director	1420 COLUMBUS AVENUE, PORTSMOUTH VA 23704
Deana L Mcpherson	officer: See Remarks	2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Fred M Diaz	director	9614 AMALFI CT, BRENTWOOD TN 37027
Mark Peter Smith	officer: See remarks.	2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Kevin Alden Maxwell	officer: See Remarks	2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Barry M Monheit	director
Robert J. Cicero	officer: See Remarks	2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Denis Suggs	director	7701 FORSYTH BOULEVARD, SUITE 800, ST. LOUIS MO 63105
Michael F Golden	officer: President and CEO	2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Anita D Britt	director	3000 NW 107TH AVENUE, MIAMI FL 33172
Susan Jean Cupero	officer: See Remarks	2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Lane A. Tobiassen	officer: President, Firearm Division	2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Mitchell A Saltz	director	14500 NORTH NORTHSIGHT BLVD SUITE 116, SCOTTSDALE AZ 85260