HELLA GmbH KGaA (HELLA GmbH KGaA) Cash, Cash Equivalents, Marketable Securities : $1,104 Mil (As of Sep. 2023)

HELLA GmbH KGaA Cash, Cash Equivalents, Marketable Securities Chart

HELLA GmbH KGaA Annual Data
	Trend	May12	May13	May14	May15	May16	May17	May18	May19	May20	May21
Cash, Cash Equivalents, Marketable Securities		Get a 7-Day Free Trial					1,213.14	1,202.07	1,600.74	1,793.16	1,722.47

HELLA GmbH KGaA Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Mar23	Jun23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															1,062.97	1,053.71	1,394.81	1,153.01	1,103.91

HELLA GmbH KGaA 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.

HELLA GmbH KGaA  (OTCPK:HLKHF) 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.

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HELLA GmbH KGaA (HELLA GmbH KGaA) Business Description