Viva Energy Group (ASX:VEA) Cash, Cash Equivalents, Marketable Securities : A$216 Mil (As of Dec. 2023)

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What is Viva Energy Group Cash, Cash Equivalents, Marketable Securities?

Viva Energy Group's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (A$290.50 Mil) to Jun. 2023 (A$202.90 Mil) but then increased from Jun. 2023 (A$202.90 Mil) to Dec. 2023 (A$215.50 Mil).

Viva Energy Group's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (A$96.70 Mil) to Dec. 2022 (A$290.50 Mil) but then declined from Dec. 2022 (A$290.50 Mil) to Dec. 2023 (A$215.50 Mil).

Viva Energy Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Viva Energy 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.

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Viva Energy Group Cash, Cash Equivalents, Marketable Securities Chart

Viva Energy Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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127.20

49.10

96.70

290.50

215.50

Viva Energy Group Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial							96.70	324.10	290.50	202.90	215.50

Viva Energy 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.

Viva Energy Group (ASX:VEA) 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.

Viva Energy Group Cash, Cash Equivalents, Marketable Securities Related Terms

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Viva Energy Group (ASX:VEA) Business Description

Industry

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2AH:Germany

Address

720 Bourke Street, Level 16, Docklands, Melbourne, VIC, AUS, 3008

Website

https://www.vivaenergy.com.au

Viva is Australia's second-largest vertically integrated refined transport fuel supplier. We rate Viva as the second-most-significant pipeline owner, and at approximately 1,155 locations, Viva supplies the third-largest number of retail sites in Australia behind Ampol at approximately 1,985 and BP at 1,400.Vitol bought Shell's Australian downstream operations in 2014, and renamed them Viva Energy. Viva subsequently bought Shell's Australian aviation operations and a 50% investment in Liberty Oil. In 2016, Viva sold (and leased back) a portfolio of its retail sites to Viva Energy REIT and listed Viva Energy REIT on the ASX. It has since sold its entire REIT stake for AUD 734 million.