Mitsui O.S.K. Lines (Mitsui O.S.K. Lines) Cash, Cash Equivalents, Marketable Securities : $963 Mil (As of Dec. 2023)

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What is Mitsui O.S.K. Lines Cash, Cash Equivalents, Marketable Securities?

Mitsui O.S.K. Lines's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 ($926.65 Mil) to Sep. 2023 ($784.92 Mil) but then increased from Sep. 2023 ($784.92 Mil) to Dec. 2023 ($963.30 Mil).

Mitsui O.S.K. Lines's annual cash, cash equivalents, marketable securities declined from Mar. 2022 ($850.74 Mil) to Mar. 2023 ($706.70 Mil) but then increased from Mar. 2023 ($706.70 Mil) to Mar. 2024 ($787.08 Mil).

Mitsui O.S.K. Lines Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Mitsui O.S.K. Lines'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.

Mitsui O.S.K. Lines Cash, Cash Equivalents, Marketable Securities Chart

Mitsui O.S.K. Lines Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash, Cash Equivalents, Marketable Securities

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987.15

797.96

850.74

706.70

787.08

Mitsui O.S.K. Lines Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															706.70	926.65	784.92	963.30	787.08

Mitsui O.S.K. Lines 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.

Mitsui O.S.K. Lines (OTCPK:MSLOY) 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.

Mitsui O.S.K. Lines Cash, Cash Equivalents, Marketable Securities Related Terms

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Mitsui O.S.K. Lines (Mitsui O.S.K. Lines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Mitsui O.S.K. Lines Ltd (OTCPK:MSLOY) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

MSLOF:USA 9104:Japan MILA:Germany MILA:Germany

Address

1-1, Toranomon 2-chome, Shosen Mitsui Building, Minato-ku, Tokyo, JPN, 105-8688

Website

http://www.mol.co.jp

Mitsui O.S.K. Lines is a Japanese transportation and logistics company. It operates through five segments: dry bulk, energy transport, product transport, associated businesses, and other. The product transport business is the largest contributor to revenue. Product transport largely focuses on the ownership and operation of containerships, followed by logistics services, car carriers, and inshore ferries. Dry bulk involves transporting materials such as iron ore, coal, grains, wood, cement, salt, and more via company-owned and operated bulk carriers. The energy transport business uses Mitsui tankers to ship crude oil, naphtha, liquefied natural gas, and other energy products. Most revenue is generated domestically in Japan.

Mitsui O.S.K. Lines (Mitsui O.S.K. Lines) Headlines

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