Ferro (FOE) Cash, Cash Equivalents, Marketable Securities : $71 Mil (As of Dec. 2021)

View and export this data going back to 1939. Start your Free Trial

What is Ferro Cash, Cash Equivalents, Marketable Securities?

Ferro's quarterly cash, cash equivalents, marketable securities increased from Jun. 2021 ($143.72 Mil) to Sep. 2021 ($148.75 Mil) but then stayed the same from Sep. 2021 ($148.75 Mil) to Dec. 2021 ($71.49 Mil).

Ferro's annual cash, cash equivalents, marketable securities increased from Dec. 2019 ($96.20 Mil) to Dec. 2020 ($174.08 Mil) but then declined from Dec. 2020 ($174.08 Mil) to Dec. 2021 ($71.49 Mil).

Ferro Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Ferro'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.

Ferro Cash, Cash Equivalents, Marketable Securities Chart

Ferro Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

63.55

96.10

96.20

174.08

71.49

Ferro Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															174.08	128.43	143.72	148.75	71.49

Ferro 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.

Ferro (NYSE:FOE) 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.

Ferro Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Ferro's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Ferro (FOE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ferro Corp (NYSE:FOE) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

6060 Parkland Boulevard, Suite 250, Mayfield Heights, OH, USA, 44124

Website

https://www.ferro.com

Ferro corp produces specialty materials sold to manufacturers in various industries. The company operates in two segments: functional coatings and color solutions. Its product portfolio includes frits, porcelain and other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, dielectrics, electronic glasses, and other specialty coatings. The functional coatings segment contributes the majority of the company's revenue. Ferro's products have applications in various markets such as electronics, appliances, automotive, consumer, sanitary, and packaging. Its geographical segments are Europe, the Middle East, and Africa; the United States; Asia-Pacific; and Latin America. EMEA generates the most revenue, closely followed by the U.S.

Executives

Andrew T Henke	officer: Chief Accounting Officer	6060 PARKLAND BLVD SUITE 250 MAYFIELD HEIGHTS OH 44124
Allen A Spizzo	director	1313 N MARKET ST, WILMINGTON DE 19894
Andrew M Ross	director	6060 PARKLAND BLVD, MAYFIELD VILLAGE OH 44124
David A Lorber	director	C/O FRONTFOUR CAPITAL GROUP LLC, 35 MASON STREET, 4TH FLOOR, GREENWICH CT 06830
Benjamin Schlater	officer: Chief Financial Officer	C/O FERRO CORPORATION 6060 PARKLAND BLVD SUITE 250 MAYFIELD HEIGHTS OH 44124
Ronald P Vargo	director	41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN PA 18940
Marran H. Ogilvie	director	599 LEXINGTON AVENUE, NEW YORK NY 10022
Peter T Thomas	officer: Vice President	1000 LAKESIDE AVENUE, CLEVELAND OH 44114
Mark Hugo Duesenberg	officer: General Counsel	1000 LAKESIDE CLEVELAND OH 44114
James Barna	officer: Chief Accounting Officer	C/O FERRO CORPORATION 6060 PARKLAND BLVD, SUITE 250, MAYFIELD HEIGHTS OH 44124
Ann Killian	officer: Vice President	1000 LAKESIDE AVENUE CLEVELAND OH 44114
Jeffry N Quinn	director	12935 NORTH FORTY DRIVE, SUITE 201, ST. LOUIS MO 63141
Jeffrey L Rutherford	officer: V.P and CFO	15885 SPRAGUE RD, STRONGSVILLE OH 44136-1799
Timothy K Pistell	director	PARKER HANNIFIN CORP, 6035 PARKLAND BLVD, CLEVELAND OH 44112
Kong Peter T M	director	KULICKE AND SOFFA INDUSTRIES INC., 1005 VIRGINIA DRIVE, FT. WASHINGTON PA 19034