NVR (NVR) Cash And Cash Equivalents

: $3,163 Mil (As of Dec. 2023)

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NVR's quarterly cash and cash equivalents increased from Jun. 2023 ($2,692.58 Mil) to Sep. 2023 ($2,908.92 Mil) and increased from Sep. 2023 ($2,908.92 Mil) to Dec. 2023 ($3,162.89 Mil).

NVR's annual cash and cash equivalents declined from Dec. 2021 ($2,573.47 Mil) to Dec. 2022 ($2,522.84 Mil) but then increased from Dec. 2022 ($2,522.84 Mil) to Dec. 2023 ($3,162.89 Mil).

NVR Cash And Cash Equivalents Historical Data

The historical data trend for NVR'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.

NVR Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

1,140.30

2,778.27

2,573.47

2,522.84

3,162.89

NVR 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																2,522.84	2,800.76	2,692.58	2,908.92	3,162.89

NVR 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.

NVR (NYSE:NVR) 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.

NVR Cash And Cash Equivalents Related Terms

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NVR (NVR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » NVR Inc (NYSE:NVR) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N1VR34:Brazil

Address

11700 Plaza America Drive, Suite 500, Reston, VA, USA, 20190

Website

https://www.nvrinc.com

NVR Inc is a United States-based homebuilding company operating in over 33 metropolitan areas across the east of the Mississippi River. The company builds single-family detached homes, townhomes, and condominium buildings under three brands, Ryan Homes, NVHomes, and Heartland Homes. NVR's avoidance of direct land development activity is unique among public homebuilders and results in relatively outsize return metrics. The Virginia-based company also manages mortgage banking segment and homebuilding operating segments. The homebuilding segment includes four geographic areas; Mid-Atlantic, North East, Mid-East, and South East.

Executives

Daniel David Malzahn	officer: Chief Financial Officer	11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
Paul C Saville	officer: Executive Vice President, CFO	C/O NVR INC, 7601 LEWINSVILLE ROAD SUITE 300, MCLEEAN VA 22102
Susan Williamson Ross	director	11700 PLAZA AMERICA DR, SUITE 500, RESTON VA 20190
Eugene James Bredow	officer: Controller	11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
Matthew B. Kelpy	officer: VP, Chief Accounting Officer	11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
Melquiades R. Martinez	director	450 SOUTH ORANGE AVENUE, SUITE 250, ORLANDO FL 32801-3443
Alfred E Festa	director
Charles Elliott Andrews	director	C/O H&R BLOCK, ONE H&R BLOCK WAY, KANSAS CITY MO 64105
Sallie B Bailey	director	FERRO CORPORATION, 1000 LAKESIDE AVENUE, CLEVELAND OH 44124-1147
Thomas D Eckert	director	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Manuel H Johnson	director	C/O NVR INC, 7601 LEWINSVILLE ROAD SUITE 300, MCLEEAN VA 22102
Paul W Praylo	officer: SVP, Chief Operating Officer	11700 PLAZA AMERICA DR, SUITE 500, RESTON VA 20190
Alexandra A Jung	director	11700 PLAZA AMERICA DR, SUITE 500, RESTON VA 20190
Jeffrey D Martchek	officer: President of Homebuilding Ops	11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
David A Preiser	director