Metalurgica Gerdau (BSP:GOAU3) Cash And Cash Equivalents : R$2,556 Mil (As of Jun. 2023)

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What is Metalurgica Gerdau Cash And Cash Equivalents?

Metalurgica Gerdau's quarterly cash and cash equivalents increased from Dec. 2022 (R$2,475.90 Mil) to Mar. 2023 (R$2,581.88 Mil) but then stayed the same from Mar. 2023 (R$2,581.88 Mil) to Jun. 2023 (R$2,556.04 Mil).

Metalurgica Gerdau's annual cash and cash equivalents declined from Dec. 2021 (R$4,162.75 Mil) to Dec. 2022 (R$2,475.90 Mil) but then increased from Dec. 2022 (R$2,475.90 Mil) to Dec. 2023 (R$3,005.69 Mil).

Metalurgica Gerdau Cash And Cash Equivalents Historical Data

The historical data trend for Metalurgica Gerdau'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.

Metalurgica Gerdau Cash And Cash Equivalents Chart

Metalurgica Gerdau Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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2,641.71

4,617.27

4,162.75

2,475.90

3,005.69

Metalurgica Gerdau Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															6,185.67	2,475.90	2,581.88	2,556.04	3,005.69

Metalurgica Gerdau 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.

Metalurgica Gerdau (BSP:GOAU3) 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.

Metalurgica Gerdau Cash And Cash Equivalents Related Terms

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Metalurgica Gerdau (BSP:GOAU3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Metalurgica Gerdau SA (BSP:GOAU3) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

GOAU4:Brazil

Address

Avenida Farrapos, 1811, Porto Alegre, RS, BRA, 90220005

Website

https://www2.gerdau.com.br

Metalurgica Gerdau SA produces steel and steel products used in construction, industrial, agricultural and automotive sectors. Its products include steel columns, nails, transfer bars for the construction sector; billet, electrodes, mechanical construction wire rods for the industrial sector; staples, steel posts, tribars, galvanized wires for agricultural sector; mechanical construction ingots, mechanical construction wires, and various other products for the automotive sector. Its revenue is generated by sales of long steel to nonresidential construction and infrastructure sector in North America.

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