WABCO Holdings (WABCO Holdings) Cash, Cash Equivalents, Marketable Securities : $615 Mil (As of Mar. 2020)

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What is WABCO Holdings Cash, Cash Equivalents, Marketable Securities?

WABCO Holdings's quarterly cash, cash equivalents, marketable securities increased from Sep. 2019 ($883.10 Mil) to Dec. 2019 ($959.40 Mil) but then stayed the same from Dec. 2019 ($959.40 Mil) to Mar. 2020 ($615.30 Mil).

WABCO Holdings's annual cash, cash equivalents, marketable securities declined from Dec. 2017 ($1,279.60 Mil) to Dec. 2018 ($725.40 Mil) but then increased from Dec. 2018 ($725.40 Mil) to Dec. 2019 ($959.40 Mil).

WABCO Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for WABCO Holdings'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.

WABCO Holdings Cash, Cash Equivalents, Marketable Securities Chart

WABCO Holdings Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Cash, Cash Equivalents, Marketable Securities

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597.30

991.20

1,279.60

725.40

959.40

WABCO Holdings Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															793.70	780.80	883.10	959.40	615.30

WABCO Holdings 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.

WABCO Holdings (NYSE:WBC) 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.

WABCO Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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WABCO Holdings (WABCO Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » WABCO Holdings Inc (NYSE:WBC) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

1220 Pacific Drive, Auburn Hills, MI, USA, 48326-3511

Website

https://www.wabco-auto.com

WABCO Holdings Inc is a producer of car and truck safety and efficiency technologies. The product lineup includes driver assistance systems, brake and stability control systems, brake chambers, suspensions, emission control systems, and fleet management systems. The products are developed for cars, busses, trailers, trucks, and utility vehicles. The majority of revenue is generated in Germany and the United States of America.

Executives

Michael T Smith	director	190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431
Sean Deason	officer: CFO and Controller	C/O WABCO HOLDINGS INC., 2770 RESEARCH DRIVE, ROCHESTER HILLS MI 48309
Thomas Gross	director	DANAHER CORP, 2099 PENNSYLVANIA AVE NW 12TH FL, WASHINGTON DC 20006
G Peter Daloia	director
Henry R. Keizer	director	MONTPELIER HOUSE, 94 PITTS BAY ROAD, PEMBROKE D0 HM 08
David Nicholas Reilly	director	300 RENAISSANCE CENTER, M/C: 482-C32-C66, DETROIT MI 48265-3000
Jacques Esculier	officer: CHIEF EXECUTIVE OFFICER	C/O AMERICAN STANDARD COMPANIES INC, ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
Montupet Jean Paul L	director	PARTNERRE LTD, WELLESLEY HOUSE 90 PITTS BAY RD, PEMBROKE BERMUDA D0 HM 08
Mary L Petrovich	director
Prashanth Mahendra-rajah	officer: Chief Financial Officer	C/O WABCO HOLDINGS INC., ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
Nikhil M Varty	officer: President, Americas & VP, M&A	CHAUSEE DE WAVRE, 1789 CARE OF WABCO VEHICLE CONTROL SYSTEMS BRUSSELS C9 1160
Donald J Stebbins	director	C/O WABCO HOLDINGS INC., ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
John F Fiedler	director	200 SOUTH MICHIGAN AVE, CHICAGO IL 60604
Ulrich Michel	officer: Senior Vice President and CFO	CHAUSEE DE WAVRE, 1789, CARE OF WABCO HOLDINGS INC, BRUSSELS C9 1160
Christopher Anthony Harrison	officer: Chief Human Resources Officer	505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170