Marfrig Global Foods (BSP:MRFG3) Cash And Cash Equivalents : R$4,517 Mil (As of Dec. 2024)

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What is Marfrig Global Foods Cash And Cash Equivalents?

Marfrig Global Foods's quarterly cash and cash equivalents declined from Jun. 2024 (R$5,490.39 Mil) to Sep. 2024 (R$4,790.97 Mil) but then stayed the same from Sep. 2024 (R$4,790.97 Mil) to Dec. 2024 (R$4,516.69 Mil).

Marfrig Global Foods's annual cash and cash equivalents increased from Dec. 2022 (R$6,403.79 Mil) to Dec. 2023 (R$6,460.21 Mil) but then declined from Dec. 2023 (R$6,460.21 Mil) to Dec. 2024 (R$4,516.69 Mil).

Marfrig Global Foods Cash And Cash Equivalents Historical Data

The historical data trend for Marfrig Global Foods'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.

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Marfrig Global Foods Cash And Cash Equivalents Chart

Marfrig Global Foods Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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2,041.92

1,759.48

6,403.79

6,460.21

4,516.69

Marfrig Global Foods 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															6,460.21	3,693.86	5,490.39	4,790.97	4,516.69

Marfrig Global Foods 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.

Marfrig Global Foods (BSP:MRFG3) 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.

Marfrig Global Foods Cash And Cash Equivalents Related Terms

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Marfrig Global Foods Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Marfrig Global Foods SA (BSP:MRFG3) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

MRRTY:USA MGP1:Germany

Address

Avenida Queiroz Filho, 1560, Torre Sabia, 3rd Floor, Vila Hamburguesa, Sao Paulo, SP, BRA, 05319-000

Website

https://www.marfrig.com.br

Marfrig Global Foods SA is a Processing of products (formed by cattle slaughter facilities in operation, which are also used in beef processing, and for the manufacture of animal nutrition products) and sale of animal-based (beef, pork, lamb, fish, and poultry) and plant-based proteins. The company organizes itself into four main segments: Beef - North America, Beef - South America, Poultry, Pork and Processed Products - BRF, and Corporate. The company earns more than half of its revenue through its operations in Beef - North America.

Marfrig Global Foods Headlines

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