3 Maj Shipyard JSC (ZAG:3MAJ) Cash And Cash Equivalents : kn0.00 Mil (As of . 20)

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What is 3 Maj Shipyard JSC Cash And Cash Equivalents?

3 Maj Shipyard JSC Cash And Cash Equivalents Historical Data

The historical data trend for 3 Maj Shipyard JSC'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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3 Maj Shipyard JSC Cash And Cash Equivalents Chart

3 Maj Shipyard JSC Annual Data

Trend

Cash And Cash Equivalents

3 Maj Shipyard JSC Semi-Annual Data

Cash And Cash Equivalents

3 Maj Shipyard JSC 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.

3 Maj Shipyard JSC (ZAG:3MAJ) 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.

3 Maj Shipyard JSC Cash And Cash Equivalents Related Terms

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3 Maj Shipyard JSC (ZAG:3MAJ) Business Description

Industry

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Address

Liburnijska 3, Rijeka, HRV, 51000

Website

https://www.uljanik.hr

3 Maj Shipyard JSC operates in the aerospace and defense industry in Croatia. The company is engaged in manufacturing of multipurpose vessels, bulk carriers, product carriers, tankers, passenger rail ferry vessels, container vessels, and chemical tankers.

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