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Cummins (WBO:CMI) Marketable Securities : €515 Mil (As of Dec. 2023)


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What is Cummins Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Cummins's Marketable Securities for the quarter that ended in Dec. 2023 was €515 Mil.

Cummins's annual Marketable Securities declined from Dec. 2021 (€527 Mil) to Dec. 2022 (€446 Mil) but then increased from Dec. 2022 (€446 Mil) to Dec. 2023 (€515 Mil).


Cummins Marketable Securities Historical Data

The historical data trend for Cummins's 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.

Cummins Marketable Securities Chart

Cummins Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 306.90 378.94 526.58 445.57 515.35

Cummins Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 445.57 428.71 472.58 423.52 515.35

Cummins Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.


Cummins  (WBO:CMI) 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.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".


Cummins Marketable Securities Related Terms

Thank you for viewing the detailed overview of Cummins's Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.


Cummins (WBO:CMI) Business Description

Traded in Other Exchanges
Address
500 Jackson Street, Box 3005, Columbus, IN, USA, 47202-3005
Cummins is the top manufacturer of diesel engines used in commercial trucks, off-highway equipment, and railroad locomotives, in addition to standby and prime power generators. The company also sells powertrain components, which include transmissions, turbochargers, aftertreatment systems, and fuel systems. Cummins is in the unique position of competing with its primary customers, heavy-duty truck manufacturers, who make and aggressively market their own engines. Despite robust competition across all its segments and increasing government regulation of carbon emissions, Cummins has maintained its leadership position in the industry.

Cummins (WBO:CMI) Headlines