Whitehaven Coal (ASX:WHC) Cash, Cash Equivalents, Marketable Securities : A$1,599 Mil (As of Dec. 2023)

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What is Whitehaven Coal Cash, Cash Equivalents, Marketable Securities?

Whitehaven Coal's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (A$2,626.51 Mil) to Jun. 2023 (A$2,775.51 Mil) but then stayed the same from Jun. 2023 (A$2,775.51 Mil) to Dec. 2023 (A$1,599.13 Mil).

Whitehaven Coal's annual cash, cash equivalents, marketable securities increased from Jun. 2021 (A$95.20 Mil) to Jun. 2022 (A$1,215.46 Mil) and increased from Jun. 2022 (A$1,215.46 Mil) to Jun. 2023 (A$2,775.51 Mil).

Whitehaven Coal Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Whitehaven Coal'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.

Whitehaven Coal Cash, Cash Equivalents, Marketable Securities Chart

Whitehaven Coal Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash, Cash Equivalents, Marketable Securities

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119.54

106.76

95.20

1,215.46

2,775.51

Whitehaven Coal 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															106.83	1,215.46	2,626.51	2,775.51	1,599.13

Whitehaven Coal 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.

Whitehaven Coal (ASX:WHC) 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.

Whitehaven Coal Cash, Cash Equivalents, Marketable Securities Related Terms

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Whitehaven Coal (ASX:WHC) Business Description

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WHITF:USA WC2:Germany

Address

259 George Street, Level 28, Sydney, NSW, AUS, 2000

Website

https://www.whitehavencoal.com.au

Whitehaven Coal is a large Australian independent thermal and semisoft metallurgical coal miner with mines in the Gunnedah Basin, New South Wales. It also owns the large Vickery and Winchester South deposits in New South Wales and Queensland, respectively. Coal is railed to ports in Newcastle for export to Asian customers. It has agreed to buy Blackwater and Daunia, two coking coal mines in Queensland, from BHP and Mitsubishi, effective mid-2024. Along with expanded production at Maules Creek and Narrabri, this should see its share of salable coal production approach 36 million metric tons from fiscal 2028, from about 13 million in fiscal 2023. Development of Vickery could see around 7 million metric tons of extra equity production, with first output likely from about 2025 in our view.

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