AME (AMETEK) Cash And Cash Equivalents : $374 Mil (As of Dec. 2024)

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What is AMETEK Cash And Cash Equivalents?

AMETEK's quarterly cash and cash equivalents declined from Jun. 2024 ($396.57 Mil) to Sep. 2024 ($396.27 Mil) but then stayed the same from Sep. 2024 ($396.27 Mil) to Dec. 2024 ($374.00 Mil).

AMETEK's annual cash and cash equivalents increased from Dec. 2022 ($345.39 Mil) to Dec. 2023 ($409.80 Mil) but then declined from Dec. 2023 ($409.80 Mil) to Dec. 2024 ($374.00 Mil).

AMETEK Cash And Cash Equivalents Historical Data

The historical data trend for AMETEK'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.

AMETEK Cash And Cash Equivalents Chart

AMETEK Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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1,212.82

346.77

345.39

409.80

374.00

AMETEK Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															409.80	373.77	396.57	396.27	374.00

AMETEK 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.

AMETEK (NYSE:AME) 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.

AMETEK Cash And Cash Equivalents Related Terms

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AMETEK Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AMETEK Inc (NYSE:AME) » Definitions » Cash And Cash Equivalents

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Address

1100 Cassatt Road, Berwyn, PA, USA, 19312-1177

Website

https://www.ametek.com

Founded in 1930 and transformed over the decades through the acquisition of dozens of esteemed brands, Ametek owns a collection of over 40 autonomous industrial businesses operating within the research, aerospace, energy, medical, and manufacturing industries. Ametek segments its business into two operating groups: the electronic instruments group and the electromechanical group. The EIG sells a broad portfolio of analytical, test, and measurement instruments, while the EMG sells highly engineered components, interconnects, and specialty metals. The company emphasizes product differentiation and market leadership in the niche markets where it operates.

Executives

Steven W Kohlhagen	director	AMETEK, INC., 1100 CASSATT ROAD, BERWYN PA 19312
Emanuela Speranza	officer: CHIEF COMMERCIAL OFFICER	1100 CASSATT ROAD, BERWYN PA 19312
David A Zapico	officer: Pres. - Electronic Instruments	AMETEK, INC., 1100 CASSATT ROAD, BERWYN PA 19312
Tony J Ciampitti	officer: PRES. - ELECTRONIC INSTRUMENTS	1100 CASSATT ROAD, BERWYN PA 19312
John Wesley Hardin	officer: PRES. - ELECTRONIC INSTRUMENTS	AMETEK,INC., 1100 CASSATT ROAD, BERWYN PA 19312
David F. Hermance	officer: PRESIDENT - ELECTROMECHANICAL	1100 CASSATT ROAD, BERWYN PA 19312
Thomas A Amato	director	38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
William Joseph Burke	officer: SR. VP-Comptroller & Treasurer	AMETEK, INC., 1100 CASSATT ROAD, BERWYN PA 19312
Thomas M Montgomery	officer: SR. VP. - COMPTROLLER	AMETEK, INC., 1100 CASSATT ROAD, BERWYN PA 19312
Thomas C Marecic	officer: PRES. - ELECTRONIC INSTRUMENTS	AMETEK, INC., 1100 CASSATT ROAD, BERWYN PA 19312
Ronald J Oscher	officer: PRES. - ELECTRONIC INSTRUMENTS	AMETEK, INC., 1100 CASSATT ROAD, BERWYN PA 19312
Anthony James Conti	director	76 GOLFVIEW DRIVE, IVYLAND PA 18974
Gretchen W Mcclain	director	XYLEM INC., 1133 WESTCHESTER AVENUE, SUITE N200, WHITE PLAINS NY 10604
Suzanne Stefany	director	JELD-WEN HOLDING, INC., 440 S. CHURCH STREET, SUITE 400, CHARLOTTE NC 28202
Dean Seavers	director	70 SUFFOLK ROAD, CHESTNUT HILL MA 02467