Controladora NemakB De CV (MEX:NMKA) Cash And Cash Equivalents : MXN4,167 Mil (As of Sep. 2021)

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What is Controladora NemakB De CV Cash And Cash Equivalents?

Controladora NemakB De CV's quarterly cash and cash equivalents increased from Mar. 2021 (MXN5,673.23 Mil) to Jun. 2021 (MXN14,888.61 Mil) but then stayed the same from Jun. 2021 (MXN14,888.61 Mil) to Sep. 2021 (MXN4,166.96 Mil).

Controladora NemakB De CV's annual cash and cash equivalents declined from Dec. 2017 (MXN3,757.00 Mil) to Dec. 2018 (MXN3,555.00 Mil) but then increased from Dec. 2018 (MXN3,555.00 Mil) to Dec. 2019 (MXN5,883.00 Mil).

Controladora NemakB De CV Cash And Cash Equivalents Historical Data

The historical data trend for Controladora NemakB De CV'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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Controladora NemakB De CV Cash And Cash Equivalents Chart

Controladora NemakB De CV Annual Data

Trend

Dec17

Dec18

Dec19

Cash And Cash Equivalents

3,757.00

3,555.00

5,883.00

Controladora NemakB De CV Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21
Cash And Cash Equivalents	Get a 7-Day Free Trial					-	14,458.00	5,673.23	14,888.61	4,166.96

Controladora NemakB De CV 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.

Controladora NemakB De CV (MEX:NMKA) 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.

Controladora NemakB De CV Cash And Cash Equivalents Related Terms

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Controladora NemakB De CV (MEX:NMKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Controladora Nemak SAB De CV (MEX:NMKA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Librameinto Arco Vial Km 3.8, Garcia, NL, MEX, 66000

Website

https://www.nemak.com

Controladora Nemak SAB De CV manufactures and markets lightweighting solutions for the Automotive industry. The company specializes in the development of aluminum components for powertrain and body structure applications. The product portfolio includes cylinder heads, engine blocks, transmission cases, shock towers, subframes, battery housings, and other products.

Controladora NemakB De CV (MEX:NMKA) Headlines

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