Acciona (Acciona) Cash, Cash Equivalents, Marketable Securities : $4,696 Mil (As of Dec. 2023)

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What is Acciona Cash, Cash Equivalents, Marketable Securities?

Acciona's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 ($2,820.98 Mil) to Jun. 2023 ($3,348.86 Mil) and increased from Jun. 2023 ($3,348.86 Mil) to Dec. 2023 ($4,695.75 Mil).

Acciona's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($2,858.76 Mil) to Dec. 2022 ($2,820.98 Mil) but then increased from Dec. 2022 ($2,820.98 Mil) to Dec. 2023 ($4,695.75 Mil).

Acciona Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Acciona'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.

* Premium members only.

Acciona Cash, Cash Equivalents, Marketable Securities Chart

Acciona Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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2,607.41

3,155.40

2,858.76

2,820.98

4,695.75

Acciona Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															2,858.76	3,087.74	2,820.98	3,348.86	4,695.75

Acciona 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.

Acciona (OTCPK:ACXIF) 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.

Acciona Cash, Cash Equivalents, Marketable Securities Related Terms

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Acciona (Acciona) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Acciona SA (OTCPK:ACXIF) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

ANA:Mexico ANAe:UK 0H4K:UK ANA:Spain AJ3:Germany

Address

Avenida de Europa 18, Parque Empresarial La Moraleja, Alcobendas, Madrid, ESP, 28108

Website

https://www.acciona.com

Acciona SA is an engineering and construction firm providing sustainable solutions for infrastructure and renewable energy projects across the world. It works in various phases, from design and construction to operations and maintenance. The company operates two business divisions energy and infrastructure. The infrastructure division encompasses construction, water treatment, industrial, and service business lines. Projects may be granted under concessions from governments or acquired independently when Acciona identifies an opportunity. Energy developments focus on renewable technologies and primarily revolve around wind, solar, hydro, and biomass. The company has a presence on five continents and utilizes an organizational structure to ensure availability.