Cryptocurrency Q&A
How much cash does WMT have?
How much cash does WMT have?
KatanaSharpness
Thu Jul 25 2024
|
7 answers
2021
Excuse me, could you please clarify for me the amount of cash that WMT currently holds in their balance sheet? I'm particularly interested in knowing their liquidity position and how much cash reserves they have available to fund operations, make investments, or weather potential financial storms. Additionally, if you have any insights into how this cash position has changed over time or compares to their industry peers, I would greatly appreciate it.
7 answers
Bianca
Sat Jul 27 2024
Additionally, the short-term investments held by Walmart suggest a proactive approach towards capital allocation, ensuring that the company's funds are put to work to generate returns in the near term.
Was this helpful?
390
90
BenjaminMoore
Sat Jul 27 2024
Walmart, a retail giant, has disclosed its financial performance for the quarter ending April 30, 2024, showcasing its robust cash position and investment strategies.
Was this helpful?
197
40
DaeguDivaDance
Sat Jul 27 2024
One of the key highlights from the quarterly report is the impressive amount of cash and short-term investments held by the company. These funds stand at a significant figure of 9.405 billion dollars.
Was this helpful?
374
24
Raffaele
Sat Jul 27 2024
This substantial cash reserve demonstrates Walmart's financial stability and its ability to weather potential economic downturns or unforeseen challenges.
Was this helpful?
397
36
Elena
Fri Jul 26 2024
The decision to maintain a significant cash balance and invest in short-term securities is a strategic move that allows Walmart to maintain liquidity and respond quickly to market opportunities.
Was this helpful?
157
45
Load 5 more related questions
