Atlas (ATCO) Cash, Cash Equivalents, Marketable Securities : $307 Mil (As of Jun. 2023)

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What is Atlas Cash, Cash Equivalents, Marketable Securities?

Atlas's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 ($280.00 Mil) to Mar. 2023 ($882.70 Mil) but then stayed the same from Mar. 2023 ($882.70 Mil) to Jun. 2023 ($306.70 Mil).

Atlas's annual cash, cash equivalents, marketable securities declined from Dec. 2020 ($304.30 Mil) to Dec. 2021 ($288.60 Mil) and declined from Dec. 2021 ($288.60 Mil) to Dec. 2022 ($280.00 Mil).

Atlas Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Atlas'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.

Atlas Cash, Cash Equivalents, Marketable Securities Chart

Atlas Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

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359.80

195.00

304.30

288.60

280.00

Atlas Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															400.70	594.30	280.00	882.70	306.70

Atlas 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.

Atlas (NYSE:ATCO) 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.

Atlas Cash, Cash Equivalents, Marketable Securities Related Terms

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Atlas (ATCO) Business Description

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ATCOpH.PFD:USA ATCOpD.PFD:USA

Address

23 Berkeley Square, London, GBR, W1J 6HE

Website

https://www.atlascorporation.com

Atlas Corp is a global asset manager that owns and operates the businesses in which it invests while focusing on deploying capital across multiple verticals to create sustainable value and quality growth opportunities for its shareholders. The company has two business segments: Containership leasing and Mobile power generation. The containership leasing segment owns and operates a fleet of containerships that are chartered primarily pursuant to long-term, fixed-rate charters. The mobile power generation segment owns and operates a fleet of power generation assets, including gas turbines and other equipment, and provides power solutions to customers. Majority of revenue is generated from The Containership Leasing segment.