Card Factory (LSE:CARD) Cash, Cash Equivalents, Marketable Securities : £11.3 Mil (As of Jan. 2024)

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What is Card Factory Cash, Cash Equivalents, Marketable Securities?

Card Factory's quarterly cash, cash equivalents, marketable securities increased from Jan. 2023 (£11.70 Mil) to Jul. 2023 (£27.50 Mil) but then stayed the same from Jul. 2023 (£27.50 Mil) to Jan. 2024 (£11.30 Mil).

Card Factory's annual cash, cash equivalents, marketable securities declined from Jan. 2022 (£38.30 Mil) to Jan. 2023 (£11.70 Mil) and declined from Jan. 2023 (£11.70 Mil) to Jan. 2024 (£11.30 Mil).

Card Factory Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Card Factory'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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Card Factory Cash, Cash Equivalents, Marketable Securities Chart

Card Factory Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash, Cash Equivalents, Marketable Securities

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5.50

12.50

38.30

11.70

11.30

Card Factory Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															38.30	8.50	11.70	27.50	11.30

Card Factory 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.

Card Factory (LSE:CARD) 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.

Card Factory Cash, Cash Equivalents, Marketable Securities Related Terms

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Card Factory (LSE:CARD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Card Factory PLC (LSE:CARD) » Definitions » Cash, Cash Equivalents, Marketable Securities

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CARDl:UK

Address

Century House, Brunel Road, 41 Industrial Estate, Wakefield, West Yorkshire, GBR, WF2 0XG

Website

https://www.cardfactory.co.uk

Card Factory PLC is a British retailer of greeting cards. Its products are offered via stores present in the United Kingdom, as well as online through websites: Card Factory and Getting Personal. The company's strategy is to provide high-quality cards at affordable prices. Less than 50% of sales come from gift dressings, small gifts, and party items. The business model is vertically integrated. It has an in-house design team, a printing facility, and a central warehousing facility.