Supremex (TSX:SXP) Cash And Cash Equivalents : C$1.0 Mil (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Supremex Cash And Cash Equivalents?

Supremex's quarterly cash and cash equivalents increased from Sep. 2023 (C$0.79 Mil) to Dec. 2023 (C$1.07 Mil) but then stayed the same from Dec. 2023 (C$1.07 Mil) to Mar. 2024 (C$1.01 Mil).

Supremex's annual cash and cash equivalents declined from Dec. 2021 (C$6.37 Mil) to Dec. 2022 (C$1.93 Mil) and declined from Dec. 2022 (C$1.93 Mil) to Dec. 2023 (C$1.07 Mil).

Supremex Cash And Cash Equivalents Historical Data

The historical data trend for Supremex'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.

Supremex Cash And Cash Equivalents Chart

Supremex Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

2.22

3.04

6.37

1.93

1.07

Supremex 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															2.12	0.99	0.79	1.07	1.01

Supremex 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.

Supremex (TSX:SXP) 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.

Supremex Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Supremex's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Supremex (TSX:SXP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Supremex Inc (TSX:SXP) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

SUMXF:USA 557:Germany

Address

7213 Cordner Street, LaSalle, QC, CAN, H8N 2J7

Website

https://www.supremex.com

Supremex Inc is engaged in the manufacturing and marketing of envelopes and is a growing provider of paper-based packaging solutions and specialty products. . The Company operates in two reporting segments: the manufacturing and sale of a broad range of standard and custom envelopes and the manufacturing and sale of paper-based packaging solutions and specialty products. The majority of the revenue is generated from the Envelope segment. Its product portfolio consists of high-efficiency envelopes, custom envelopes, stock envelopes, tags, pouches, film lamination, etc. The majority of its revenue is derived from its business in Canada.

Executives

George Christopoulos

10% Security Holder

Supremex (TSX:SXP) Headlines

No Headlines