Kaman (KAMN) Cash, Cash Equivalents, Marketable Securities : $35.2 Mil (As of Dec. 2023)

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What is Kaman Cash, Cash Equivalents, Marketable Securities?

Kaman's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 ($34.28 Mil) to Sep. 2023 ($30.07 Mil) but then increased from Sep. 2023 ($30.07 Mil) to Dec. 2023 ($35.18 Mil).

Kaman's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($140.80 Mil) to Dec. 2022 ($24.15 Mil) but then increased from Dec. 2022 ($24.15 Mil) to Dec. 2023 ($35.18 Mil).

Kaman Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Kaman'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.

Kaman Cash, Cash Equivalents, Marketable Securities Chart

Kaman Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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471.54

104.38

140.80

24.15

35.18

Kaman 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	Get a 7-Day Free Trial															24.15	53.99	34.28	30.07	35.18

Kaman 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.

Kaman (NYSE:KAMN) 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.

Kaman Cash, Cash Equivalents, Marketable Securities Related Terms

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Kaman (KAMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Kaman Corp (NYSE:KAMN) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

KA1:Germany

Address

1332 Blue Hills Avenue, Bloomfield, CT, USA, 06002

Website

https://www.kaman.com

Kaman Corp is a diversified company that conducts business in the aerospace and defense, medical and industrial markets. The Engineered Products segment serves the aerospace and defense, industrial and medical markets providing sophisticated proprietary aircraft bearings and components. The Precision Products segment serves the aerospace and defense markets providing precision safe and arming solutions for missile and bomb systems for the U.S. and allied militaries. The Structures segment serves the aerospace and defense and medical end markets providing sophisticated complex metallic and composite aerostructures for commercial, military, and general aviation fixed military and general aviation fixed and rotary wing aircraft, and medical imaging solutions.

Executives

Matthew King Petterson	officer: VP CAO & CONTROLLER	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Wilfredo Roy Dilig	officer: VP INFORMATION TECHNOLOGY	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Smith Richard Stanley Jr	officer: SVP GEN COUNSEL & SECRETARY	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Carroll Kent Lane	officer: SVP and President KAV and KPP	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Callaway E Reeves Iii	director	C/O KAMAN CORP, PO BOX 1, BLOOMFIELD CT 06002-0001
Niharika Ramdev	director	C/O XL HYBRIDS, INC., 145 NEWTON STREET, BOSTON MA 02135
Darlene Ruth Smith	officer: President KAV and KPP	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Rafael Zev Cohen	officer: VP IT & Cybersecurity	C/O KAMAN CORPORATION, BLOOMFIELD CT 06002
Megan Amanda Morgan	officer: VP-HR & CHRO	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Kristen Mcdonald Samson	officer: VP and CMCO	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Russell James Bartlett	other: Sr. VP & Chief Operating Offcr	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Aisha Barry	director	111 4TH AVE N UNIT 304, MINNEAPOLIS MN 55401
Michelle Lohmeier	director	C/O SPIRIT AEROSYSTEMS HOLDINGS, INC., WICHITA KS 67210
Ian K. Walsh	director, officer: President & CEO	111 E. KILBOURNE AVE, MILWAULKEE WI 53202
Thomas W Rabaut	director	C/O CYTEC INDUSTRIES INC, 5 GARRET MOUNTAIN PLAZA, WEST PATERSON NJ 07424