Masonite International (FRA:MII) Cash And Cash Equivalents : €212 Mil (As of Mar. 2024)

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What is Masonite International Cash And Cash Equivalents?

Masonite International's quarterly cash and cash equivalents declined from Sep. 2023 (€337.77 Mil) to Dec. 2023 (€126.01 Mil) but then increased from Dec. 2023 (€126.01 Mil) to Mar. 2024 (€212.01 Mil).

Masonite International's annual cash and cash equivalents declined from Dec. 2021 (€337.54 Mil) to Dec. 2022 (€280.29 Mil) and declined from Dec. 2022 (€280.29 Mil) to Dec. 2023 (€126.01 Mil).

Masonite International Cash And Cash Equivalents Historical Data

The historical data trend for Masonite International'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.

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Masonite International Cash And Cash Equivalents Chart

Masonite International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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150.27

299.76

337.54

280.29

126.01

Masonite International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															196.82	292.74	337.77	126.01	212.01

Masonite International 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.

Masonite International (FRA:MII) 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.

Masonite International Cash And Cash Equivalents Related Terms

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Masonite International (FRA:MII) Business Description

Industry

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DOOR:USA

Address

2771 Rutherford Road, Concord, ON, CAN, L4K 2N6

Website

http://www.masonite.com

Masonite International Corp is engaged in designing, manufacturing, marketing and distributing interior and exterior doors for the new construction and repair, renovation and remodeling sectors of the residential and non-residential building construction markets. Its product categories include interior molded residential doors, interior stile and rail residential doors, exterior fibreglass residential doors, exterior steel residential doors, interior architectural wood doors, wood veneers and molded door facings and door core. The company operates its manufacturing and distribution facilities in seven countries in North America, Europe, South America and Asia.

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