United Breweries Co (United Breweries Co) Cash And Cash Equivalents

: $708 Mil (As of Dec. 2023)

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United Breweries Co's quarterly cash and cash equivalents declined from Jun. 2023 ($736.30 Mil) to Sep. 2023 ($690.89 Mil) but then increased from Sep. 2023 ($690.89 Mil) to Dec. 2023 ($708.12 Mil).

United Breweries Co's annual cash and cash equivalents increased from Dec. 2021 ($306.57 Mil) to Dec. 2022 ($688.67 Mil) and increased from Dec. 2022 ($688.67 Mil) to Dec. 2023 ($708.12 Mil).

United Breweries Co Cash And Cash Equivalents Historical Data

The historical data trend for United Breweries 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.

United Breweries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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263.72

543.77

306.57

688.67

708.12

United Breweries Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															688.67	725.07	736.30	690.89	708.12

United Breweries 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.

United Breweries Co (NYSE:CCU) 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.

United Breweries Co Cash And Cash Equivalents Related Terms

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United Breweries Co (United Breweries Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » United Breweries Co Inc (NYSE:CCU) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

CVU:Germany CCU:Chile

Address

Avenida Vitacura N° 2670, Twenty-Third Floor, Santiago, CHL

Website

https://www.ccu.cl

United Breweries Co Inc is a multi-category beverage company with operations in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. The company is a player in each one of the beverage categories in which it participates in Chile, including beer, soft drinks, mineral and bottled water, juice, wine, cider and pisco, among others. The Company has three operating segment with respect to its revenues in the geographic areas of commercial activity: Chile; International business and Wine. It generates maximum revenue from Chile.