Emerson Electric Co's quarterly cash and cash equivalents
declined
from Jun. 2023 ($9,957.00 Mil) to Sep. 2023 ($8,051.00 Mil) but then
stayed the same
from Sep. 2023 ($8,051.00 Mil) to Dec. 2023 ($2,076.00 Mil).
Emerson Electric Co's annual cash and cash equivalents
declined
from Sep. 2021 ($2,354.00 Mil) to Sep. 2022 ($1,804.00 Mil) but then
increased
from Sep. 2022 ($1,804.00 Mil) to Sep. 2023 ($8,051.00 Mil).
Emerson Electric Co Cash And Cash Equivalents Historical Data
The historical data trend for Emerson Electric Co's Cash And Cash Equivalents 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.
Emerson Electric Co Annual Data
Trend
Sep14
Sep15
Sep16
Sep17
Sep18
Sep19
Sep20
Sep21
Sep22
Sep23
Cash And Cash Equivalents
1,494.00
3,315.00
2,354.00
1,804.00
8,051.00
Emerson Electric Co Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Cash And Cash Equivalents
2,271.00
2,046.00
9,957.00
8,051.00
2,076.00
Emerson Electric Co Cash And Cash Equivalents 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.
Emerson Electric Co (NYSE:EMR) Cash And Cash Equivalents Explanation
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.
Be Aware
Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.
Emerson Electric Co Cash And Cash Equivalents Related Terms
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Emerson Electric Co (Emerson Electric Co) Business Description
Emerson Electric sells automation equipment and services under two segments: intelligent devices and software control. Within software and control, it also holds a majority interest in AspenTech, an industrial software business, and owns a test and measurement business that was formerly National Instruments. Intelligent devices also holds Emerson's tools business, which boasts several household brands, like Ridgid. Emerson's automation business is most known for its process manufacturing solutions, which consists of measurement and analytical instrumentation, as well as control valves and actuators, among other products and services. Nearly half of the firm's geographic sales come from the Americas.
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