Mondi (MODLF) Cash, Cash Equivalents, Marketable Securities : $10.5 Mil (As of Dec. 2018)

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What is Mondi Cash, Cash Equivalents, Marketable Securities?

Mondi's quarterly cash, cash equivalents, marketable securities declined from Dec. 2016 ($26.09 Mil) to Dec. 2017 ($20.24 Mil) but then stayed the same from Dec. 2017 ($20.24 Mil) to Dec. 2018 ($10.45 Mil).

Mondi's annual cash, cash equivalents, marketable securities declined from Dec. 2016 ($26.09 Mil) to Dec. 2017 ($20.24 Mil) and declined from Dec. 2017 ($20.24 Mil) to Dec. 2018 ($10.45 Mil).

Mondi Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Mondi'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.

Mondi Cash, Cash Equivalents, Marketable Securities Chart

Mondi Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash, Cash Equivalents, Marketable Securities

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23.14

22.13

26.09

20.24

10.45

Mondi Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial								23.14	22.13	26.09	20.24	10.45

Mondi 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.

Mondi (GREY:MODLF) 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.

Mondi Cash, Cash Equivalents, Marketable Securities Related Terms

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Mondi (MODLF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Mondi Ltd (GREY:MODLF) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

4th Floor, No. 3 Melrose Boulevard, Melrose Arch, Gauteng, Johannesburg, ZAF, 2196

Website

http://www.mondigroup.com

Mondi Ltd manufactures and sells packaging, paper, and paper products. The company organizes itself into five segments based on product and geography. The packaging paper, fiber packaging, and consumer packaging segments generate the majority of revenue and sell packaging products, extrusion coatings, and liners. The uncoated fine paper segment sells fine paper and newsprint paper. The South Africa segment sells packaging and paper products exclusively in South Africa. Mondi's customers operate in a wide range of industries including automotive, construction, chemicals, food and beverage, personal care, medical, packaging, pet care, and printing. The majority of revenue comes from Europe.

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