Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Cash, Cash Equivalents, Marketable Securities

: $6,333 Mil (As of Sep. 2023)

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Centrais Eletricas Brasileiras's quarterly cash, cash equivalents, marketable securities declined from Mar. 2023 ($3,867.58 Mil) to Jun. 2023 ($3,837.46 Mil) but then increased from Jun. 2023 ($3,837.46 Mil) to Sep. 2023 ($6,332.91 Mil).

Centrais Eletricas Brasileiras's annual cash, cash equivalents, marketable securities increased from Dec. 2020 ($2,712.82 Mil) to Dec. 2021 ($2,770.67 Mil) and increased from Dec. 2021 ($2,770.67 Mil) to Dec. 2022 ($4,446.22 Mil).

Centrais Eletricas Brasileiras Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Centrais Eletricas Brasileiras'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.

Centrais Eletricas Brasileiras Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

3,715.81

4,525.38

2,712.82

2,770.67

4,446.22

Centrais Eletricas Brasileiras Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash, Cash Equivalents, Marketable Securities																3,195.46	4,446.22	3,867.58	3,837.46	6,332.91

Centrais Eletricas Brasileiras 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.

Centrais Eletricas Brasileiras (NYSE:EBR.B) 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.

Centrais Eletricas Brasileiras Cash, Cash Equivalents, Marketable Securities Related Terms

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Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Centrais Eletricas Brasileiras SA (NYSE:EBR.B) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

EBR:USA XELTO:Spain XELTB:Spain L3XA:Germany L3XC:Germany L3XB:Germany L3XA:Germany L3X:Germany ELET6:Brazil ELET5:Brazil ELET3:Brazil EBR:Argentina

Address

Rua da Quitanda 196, 9th floor, Centro, Rio de Janeiro, RJ, BRA, 20091-005

Website

https://www.eletrobras.com

Centrais Eletricas Brasileiras SA, or Eletrobras, is a mixed capital, Brazilian electric utility company of which the majority shareholder is the Government of Brazil. Eletrobras, through its subsidiaries, controls a sizable amount of total installed electricity generation, transmission, and distribution in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country. The vast majority of the total energy produced by Eletrobras comes from its hydroelectric facilities. The company primarily generates revenue from the administration segment. About half of Eletrobras' electricity sales are made using free market agreements, while the other half is completed through auctions and contracts.

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