Buka Investments (JSE:BKI) Cash, Cash Equivalents, Marketable Securities : R1.41 Mil (As of Aug. 2023)

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What is Buka Investments Cash, Cash Equivalents, Marketable Securities?

Buka Investments's quarterly cash, cash equivalents, marketable securities declined from Aug. 2022 (R5.06 Mil) to Feb. 2023 (R3.27 Mil) but then stayed the same from Feb. 2023 (R3.27 Mil) to Aug. 2023 (R1.41 Mil).

Buka Investments's annual cash, cash equivalents, marketable securities stayed the same from Feb. 2021 (R0.00 Mil) to Feb. 2022 (R0.00 Mil) but then increased from Feb. 2022 (R0.00 Mil) to Feb. 2023 (R3.27 Mil).

Buka Investments Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Buka Investments'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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Buka Investments Cash, Cash Equivalents, Marketable Securities Chart

Buka Investments Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash, Cash Equivalents, Marketable Securities

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0.13

0.05

3.27

Buka Investments Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															-	-	5.06	3.27	1.41

Buka Investments 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.

Buka Investments (JSE:BKI) 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.

Buka Investments Cash, Cash Equivalents, Marketable Securities Related Terms

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Buka Investments (JSE:BKI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Buka Investments Ltd (JSE:BKI) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

23 Saddle Drive, Woodmead Office Park, Woodmead, Johannesburg, GT, ZAF, 2191

Website

https://www.bukainvestments.com

Buka Investments Ltd is a beauty and wellness solutions group. The company's own skin care product brands are Placecol and Skinderm. The company has its own franchise salon footprint through the following franchise salon chains: Placecol Skin Care Clinics, Perfect 10, and Dream Nails Beauty Salons. The group's skincare brands are available to customers in its own salon footprint, large retail groups, pharmacies, various independent salon outlets, and on various online platforms.