PPL (PPL) Cash, Cash Equivalents, Marketable Securities : $331 Mil (As of Dec. 2023)

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What is PPL Cash, Cash Equivalents, Marketable Securities?

PPL's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 ($326.00 Mil) to Sep. 2023 ($353.00 Mil) but then stayed the same from Sep. 2023 ($353.00 Mil) to Dec. 2023 ($331.00 Mil).

PPL's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($3,571.00 Mil) to Dec. 2022 ($356.00 Mil) and declined from Dec. 2022 ($356.00 Mil) to Dec. 2023 ($331.00 Mil).

PPL Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for PPL'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.

PPL Cash, Cash Equivalents, Marketable Securities Chart

PPL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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815.00

442.00

3,571.00

356.00

331.00

PPL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															356.00	460.00	326.00	353.00	331.00

PPL 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.

PPL (NYSE:PPL) 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.

PPL Cash, Cash Equivalents, Marketable Securities Related Terms

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PPL (PPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » PPL Corp (NYSE:PPL) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

AEE ES FE ETR CNP CMS DTE WEC AGR EIX NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG

Traded in Other Exchanges

PP9:Germany PP9:Germany

Address

Two North Ninth Street, Allentown, PA, USA, 18101-1179

Website

https://www.pplweb.com

PPL is a holding company of regulated utilities in Pennsylvania, Kentucky, and Rhode Island. The Pennsylvania regulated delivery and transmission segment distributes electricity to customers in central and eastern Pennsylvania. LG&E and KU are involved in regulated electricity generation, transmission, and distribution in Kentucky. The Kentucky utilities also serve gas customers. Narragansett operates electric and gas utilities in Rhode Island.

Executives

Tadd J Henninger	officer: Vice President and Treasurer	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Crockett John R Iii	officer: President of a PPL Subsidiary	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
David J Bonenberger	officer: President of a PPL Subsidiary	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Linda G Sullivan	director	P.O.BOX 800, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Francis X Sullivan	officer: EVP and COO	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Bergstein Joseph P Jr	officer: VP-IR and Treasurer	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Vincent Sorgi	officer: Vice President and Controller	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Stephanie R Raymond	officer: President of a PPL Subsidiary	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Gregory N Dudkin	officer: President of a PPL Subsidiary	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Angela K Gosman	officer: SVP and CHRO	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Heather B Redman	director	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Wendy E Stark	officer: SVP, GC and Corp Sec	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Joanne H Raphael	officer: SVP, GC & Corp Sec	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Art P Beattie	director	600 NORTH 18TH STREET, BIRMINGHAM AL 35291
William H Spence	officer: Executive VP and COO	UNIVERSITY OFFICE PLAZA, 252 CHAPMAN RD., PO BOX 6066, NEWARK DE 19714-0066