Fiat Industrial SpA (MIL:FI) Cash, Cash Equivalents, Marketable Securities : €3,869 Mil (As of Jun. 2013)

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What is Fiat Industrial SpA Cash, Cash Equivalents, Marketable Securities?

Fiat Industrial SpA's quarterly cash, cash equivalents, marketable securities declined from Dec. 2012 (€4,736.00 Mil) to Mar. 2013 (€3,635.00 Mil) but then increased from Mar. 2013 (€3,635.00 Mil) to Jun. 2013 (€3,869.00 Mil).

Fiat Industrial SpA's annual cash, cash equivalents, marketable securities declined from Dec. 2010 (€12,702.00 Mil) to Dec. 2011 (€5,825.00 Mil) and declined from Dec. 2011 (€5,825.00 Mil) to Dec. 2012 (€4,736.00 Mil).

Fiat Industrial SpA Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Fiat Industrial SpA'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.

Fiat Industrial SpA Cash, Cash Equivalents, Marketable Securities Chart

Fiat Industrial SpA Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Cash, Cash Equivalents, Marketable Securities

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4,650.00

13,125.00

12,702.00

5,825.00

4,736.00

Fiat Industrial SpA Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial										4,193.00	3,436.00	4,736.00	3,635.00	3,869.00

Fiat Industrial SpA 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.

Fiat Industrial SpA (MIL:FI) 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.

Fiat Industrial SpA Cash, Cash Equivalents, Marketable Securities Related Terms

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Fiat Industrial SpA (MIL:FI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Fiat Industrial SpA (MIL:FI) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

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Address

Website

http://www.fiatindustrial.com

Fiat Industrial SpA operates in the capital goods sector. Each of the Group's businesses is a major international player in its respective industry sector: Iveco, CNH-Case New Holland and FPT Industrial. These three sectors design, produce and sell trucks, commercial vehicles, buses, special vehicles (Iveco), tractors, and agricultural and construction equipment (CNH), in addition to engines and transmissions for those vehicles and engines for marine applications (FPT Industrial). Agricultural equipment is sold under the New Holland Agriculture and Case IH and, in the premium segment in Europe, Steyr brands. Construction equipment is sold under the New Holland Construction and Case Construction brands, as well as the Kobelco brand in North America. Iveco designs, manufactures and sells a wide range of light (2.8-6 tons GVW), medium (6-16 tons GVW) and heavy (above 16 tons GVW) commercial vehicles for on-road and off-road use. In addition to its main product offer, the Company also offers after-sales and financing services, in addition to services related to used-vehicles. FPT Industrial is specialized in the design, production and sale of propulsion and transmission systems for on- and off-road trucks and commercial vehicles, as well as engines for marine application and power generation.