Westport Fuel Systems (Westport Fuel Systems) Cash, Cash Equivalents, Marketable Securities

: $54.8 Mil (As of Dec. 2023)

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Westport Fuel Systems's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 ($52.27 Mil) to Sep. 2023 ($43.97 Mil) but then increased from Sep. 2023 ($43.97 Mil) to Dec. 2023 ($54.75 Mil).

Westport Fuel Systems's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($124.79 Mil) to Dec. 2022 ($86.09 Mil) and declined from Dec. 2022 ($86.09 Mil) to Dec. 2023 ($54.75 Mil).

Westport Fuel Systems Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Westport Fuel Systems'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 43.73 [6] => 64.19 [7] => 124.79 [8] => 86.09 [9] => 54.75 )

Westport Fuel Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

43.73

64.19

124.79

86.09

54.75

Westport Fuel Systems 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																86.09	71.96	52.27	43.97	54.75

Westport Fuel Systems 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.

Westport Fuel Systems (NAS:WPRT) 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.

Westport Fuel Systems Cash, Cash Equivalents, Marketable Securities Related Terms

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Westport Fuel Systems (Westport Fuel Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Westport Fuel Systems Inc (NAS:WPRT) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

WPRT:Canada

Address

1750 West 75th Avenue, Suite 101, Vancouver, BC, CAN, V6P 6G2

Website

https://www.wfsinc.com

Westport Fuel Systems Inc is an organization engaged in the engineering, manufacturing, and supply of alternative fuel systems and components for transportation applications. It has three operating segments; the Original Equipment Manufacturers segment-design, manufacture, and sell alternative fuel systems, components and electronics, and related engineering services, to OEMs that serve light-duty, medium-duty, and heavy-duty customers, the Independent Aftermarket segment includes IAM products, conversion kits, and components allow for the conversion of vehicles after being sold to the end-user through a network of dealers and installers, and Corporate includes public company activities, corporate oversight, financing, and capital allocation.

Executives

Eileen Wheatman	director	125 EAST SIR FRANCIS DRAKE BLVD., STE 400, LARKSPUR CA 94939
Kevin Douglas	10 percent owner, other: 13(d)(3) group	300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
Douglas Family Trust	10 percent owner, other: 13(d)(3) group	300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
James & Jean Douglas Irrevocable Descendants Trust	10 percent owner, other: 13(d)(3) group	300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
Douglas James E Iii	10 percent owner, other: 13(d)(3) group	300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
Peter Yu	director	C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Kgd 2010 Annuity Trust V	10 percent owner, other: 13(d)(3) group	125 E. SIR FRANCIS DRAKE BLVD, STE 400, LARKSPUR CA 93939
Mmd 2010 Annuity Trust V	10 percent owner, other: 13(d)(3) group	125 E. SIR FRANCIS DRAKE BLVD, STE 400, LARKSPUR CA 93939