Prosegur Compania De Seguridad (CHIX:PSGE) Cash, Cash Equivalents, Marketable Securities

: €445 Mil (As of Dec. 2023)

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Prosegur Compania De Seguridad's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 (€491.45 Mil) to Sep. 2023 (€490.70 Mil) but then stayed the same from Sep. 2023 (€490.70 Mil) to Dec. 2023 (€445.45 Mil).

Prosegur Compania De Seguridad's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (€585.91 Mil) to Dec. 2022 (€1,177.45 Mil) but then declined from Dec. 2022 (€1,177.45 Mil) to Dec. 2023 (€445.45 Mil).

Prosegur Compania De Seguridad Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Prosegur Compania De Seguridad'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.

Prosegur Compania De Seguridad Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

530.68

917.01

585.91

1,177.45

445.45

Prosegur Compania De Seguridad Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities																1,177.45	725.50	491.45	490.70	445.45

Prosegur Compania De Seguridad 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.

Prosegur Compania De Seguridad (CHIX:PSGe) 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.

Prosegur Compania De Seguridad Cash, Cash Equivalents, Marketable Securities Related Terms

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Prosegur Compania De Seguridad (CHIX:PSGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Prosegur Compania De Seguridad SA (CHIX:PSGe) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

0Q8P:UK PSG:Spain PRHA:Germany

Address

Calle Pajaritos 24, Madrid, ESP, 28007

Website

https://www.prosegur.com

Prosegur Compania De Seguridad SA is a security company. The company is organized into segments that include security, cash, alarms, cybersecurity, and AVOS. The company also differs in that much of its revenue and operating profit is derived from cash-in-transit services--that is, armored-car cash pickups--as well as ancillary services, such as ATM management, cash counting, and reconciliation.

Prosegur Compania De Seguridad (CHIX:PSGE) Headlines

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