What is OM Group Cash, Cash Equivalents, Marketable Securities?
OM Group's quarterly cash, cash equivalents, marketable securities
declined
from Dec. 2014 ($91.70 Mil) to Mar. 2015 ($53.10 Mil) but then
stayed the same
from Mar. 2015 ($53.10 Mil) to Jun. 2015 ($35.80 Mil).
OM Group's annual cash, cash equivalents, marketable securities
declined
from Dec. 2012 ($227.60 Mil) to Dec. 2013 ($118.40 Mil) and
declined
from Dec. 2013 ($118.40 Mil) to Dec. 2014 ($91.70 Mil).
OM Group Cash, Cash Equivalents, Marketable Securities Historical Data
The historical data trend for OM Group'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.
OM Group Cash, Cash Equivalents, Marketable Securities Chart
OM Group 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.
OM Group (NYSE:OMG) 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.
OM Group Cash, Cash Equivalents, Marketable Securities Related Terms
Thank you for viewing the detailed overview of OM Group's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.
OM Group Inc is a Delaware corporation and was formed in 1991. The Company is a diversified industrial growth company serving attractive markets, including automotive systems, electronic devices, aerospace, general industrial and renewable energy. It uses technologies to address customers' complex applications and demanding requirements. The Company operated in three business platforms namely; Magnetic Technologies segment, Battery Technologies segment, Specialty Chemicals segment. The Magnetic Technologies segment develops, manufactures and distributes high-performance, industrial-use magnetic materials and related products with differentiated magnetic and/or other performance properties. The products include automotive systems, electrical installation technology, industrial, retail and renewable energy. The Battery Technologies segment provides advanced batteries, battery management systems, and energetic devices for defense, space and medical markets. It sells these products directly to customers who incorporate them into sub-assemblies. The business is also developing and commercializing products, technologies and applications for emerging markets, including commercial aerospace, alternative energy storage and oil & gas. The Specialty Chemicals segment develops, produces and supplies chemicals for electronic applications, industrial applications including coatings, composites and tire, and photomasks used by customers to produce semiconductors and related products. The primary raw materials used by Magnetic Technologies are nickel, cobalt and certain rare earth materials, primarily alloys containing dysprosium and neodymium. The Company has operations in North America, Europe and Asia, with the majority of its operations located outside of the United States. The Company is subject to a variety of environmental and pollution control laws and regulations in the jurisdictions in which it operates.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
OMG has been successfully added to your 