BHP Group (BHP Group) Cash, Cash Equivalents, Marketable Securities

: $12,522 Mil (As of Dec. 2021)

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BHP Group's quarterly cash, cash equivalents, marketable securities increased from Dec. 2020 ($9,302.00 Mil) to Jun. 2021 ($15,317.00 Mil) but then stayed the same from Jun. 2021 ($15,317.00 Mil) to Dec. 2021 ($12,522.00 Mil).

BHP Group's annual cash, cash equivalents, marketable securities declined from Jun. 2019 ($15,520.00 Mil) to Jun. 2020 ($13,414.00 Mil) but then increased from Jun. 2020 ($13,414.00 Mil) to Jun. 2021 ($15,317.00 Mil).

BHP Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for BHP 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.

BHP Group Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Cash, Cash Equivalents, Marketable Securities

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14,045.00

16,071.00

15,520.00

13,414.00

15,317.00

BHP Group Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															14,375.00	13,414.00	9,302.00	15,317.00	12,522.00

BHP 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.

BHP Group (NYSE:BBL) 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.

BHP Group Cash, Cash Equivalents, Marketable Securities Related Terms

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BHP Group (BHP Group) Business Description

Industry

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Address

160 Victoria Street, Nova South, London, GBR, SW1E 5LB

Website

https://www.bhp.com

BHP is a leading global diversified miner supplying iron ore, copper, oil, gas, and metallurgical. The merger of BHP Limited (now BHP Ltd.) and Billiton PLC (now BHP PLC) created the present-day BHP. Shareholders in each company have equivalent economic and voting rights in BHP as a whole and in 2022 voted to reunify the dual listed structure. Major assets include Pilbara iron ore, Queensland coking coal, Escondida copper and conventional petroleum assets, principally in Australia and the Gulf of Mexico. Onshore U.S. oil and gas assets were sold in 2018 and the remaining Petroleum assets are likely to be spun off and merged with Woodside.