GS Retail Co (XKRX:007070) Cash And Cash Equivalents : ₩237,959 Mil (As of Mar. 2024)

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What is GS Retail Co Cash And Cash Equivalents?

GS Retail Co's quarterly cash and cash equivalents increased from Sep. 2023 (₩297,896.96 Mil) to Dec. 2023 (₩431,765.53 Mil) but then stayed the same from Dec. 2023 (₩431,765.53 Mil) to Mar. 2024 (₩237,958.56 Mil).

GS Retail Co's annual cash and cash equivalents increased from Dec. 2021 (₩91,361.92 Mil) to Dec. 2022 (₩390,477.30 Mil) and increased from Dec. 2022 (₩390,477.30 Mil) to Dec. 2023 (₩431,765.53 Mil).

GS Retail Co Cash And Cash Equivalents Historical Data

The historical data trend for GS Retail Co'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.

GS Retail Co Cash And Cash Equivalents Chart

GS Retail Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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57,748.17

36,848.07

91,361.92

390,477.30

431,765.53

GS Retail Co 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															415,269.46	375,664.71	297,896.96	431,765.53	237,958.56

GS Retail Co 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.

GS Retail Co (XKRX:007070) 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.

GS Retail Co Cash And Cash Equivalents Related Terms

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GS Retail Co (XKRX:007070) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » GS Retail Co Ltd (XKRX:007070) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

GS Gang SEO Tower, Mullae-Dong 6-GA, Seoul, KOR, 150-944

Website

http://www.gsretail.com

GS Retail Co Ltd is a Korea-based company mainly engaged in the chain of retail business. It provides beauty and skincare products, candles, gifts, perfumes, ornaments, bathroom accessories, and other products. The company offers the product under the brand name of GS25, GS Supermarket, GS Watsons, and Mister Donut. In addition, it is also engaged in the development and leasing of real estates, and advertising agency business.

GS Retail Co (XKRX:007070) Headlines

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