Navios Maritime Acquisition (Navios Maritime Acquisition) Cash And Cash Equivalents : $79.2 Mil (As of Jun. 2021)

View and export this data going back to 2008. Start your Free Trial

What is Navios Maritime Acquisition Cash And Cash Equivalents?

Navios Maritime Acquisition's quarterly cash and cash equivalents increased from Dec. 2020 ($40.59 Mil) to Mar. 2021 ($45.67 Mil) and increased from Mar. 2021 ($45.67 Mil) to Jun. 2021 ($79.16 Mil).

Navios Maritime Acquisition's annual cash and cash equivalents declined from Dec. 2018 ($44.01 Mil) to Dec. 2019 ($43.56 Mil) and declined from Dec. 2019 ($43.56 Mil) to Dec. 2020 ($40.59 Mil).

Navios Maritime Acquisition Cash And Cash Equivalents Historical Data

The historical data trend for Navios Maritime Acquisition'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.

Navios Maritime Acquisition Cash And Cash Equivalents Chart

Navios Maritime Acquisition Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash And Cash Equivalents

Get a 7-Day Free Trial

49.29

81.15

44.01

43.56

40.59

Navios Maritime Acquisition Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Cash And Cash Equivalents	Get a 7-Day Free Trial															67.72	59.54	40.59	45.67	79.16

Navios Maritime Acquisition 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.

Navios Maritime Acquisition (NYSE:NNA) 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.

Navios Maritime Acquisition Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Navios Maritime Acquisition's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Navios Maritime Acquisition (Navios Maritime Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Navios Maritime Acquisition Corp (NYSE:NNA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

90 North Church Street, P.O. Box 309, Strathvale House, Grand Cayman, CYM, KY1-1104

Website

http://www.navios-acquisition.com

Navios Maritime Acquisition Corporation owns and operates tanker vessels aimed at the transportation of petroleum products and bulk liquid chemicals. The company owns a fleet of modern crude oil, refined petroleum product and chemical tankers providing world-wide marine transportation services. It charters its vessels to international oil companies, refiners, and large vessel operators under long, medium and short-term charters. Navios Maritime generates the majority of its revenue by rendering its services in Asia, Europe, and the United States.

Executives

Malibu Partner Llc	10 percent owner	15332 ANTIOCH STREET, #528, PACIFIC PALISADES CA 90272
Israel A Englander	other: May be deemed a group member.	C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Millennium Management Llc	other: May be deemed a group member.	399 PARK AVENUE, NEW YORK NY 10022
Integrated Core Strategies (us) Llc	10 percent owner	C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022