Resolute Forest Products (TSX:RFP) Cash And Cash Equivalents : C$595 Mil (As of Sep. 2022)

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What is Resolute Forest Products Cash And Cash Equivalents?

Resolute Forest Products's quarterly cash and cash equivalents increased from Mar. 2022 (C$205.09 Mil) to Jun. 2022 (C$454.54 Mil) and increased from Jun. 2022 (C$454.54 Mil) to Sep. 2022 (C$594.92 Mil).

Resolute Forest Products's annual cash and cash equivalents increased from Dec. 2019 (C$3.95 Mil) to Dec. 2020 (C$144.74 Mil) but then declined from Dec. 2020 (C$144.74 Mil) to Dec. 2021 (C$143.36 Mil).

Resolute Forest Products Cash And Cash Equivalents Historical Data

The historical data trend for Resolute Forest Products'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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Resolute Forest Products Cash And Cash Equivalents Chart

Resolute Forest Products Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash And Cash Equivalents

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7.66

408.45

3.95

144.74

143.36

Resolute Forest Products Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash And Cash Equivalents	Get a 7-Day Free Trial															150.79	143.36	205.09	454.54	594.92

Resolute Forest Products 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.

Resolute Forest Products (TSX:RFP) 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.

Resolute Forest Products Cash And Cash Equivalents Related Terms

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Resolute Forest Products (TSX:RFP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Resolute Forest Products Inc (TSX:RFP) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

1010 De La Gauchetiere Street West, Suite 400, Montreal, QC, CAN, H3B 2N2

Website

https://www.resolutefp.com

Resolute Forest Products Inc is engaged in the forest products industry with a range of products, including market pulp, tissue, wood products, newsprint, and specialty papers. The product range includes market pulp, tissue, wood products, newsprint and specialty papers which are marketed to nearly 50 countries. The company owns or operates pulp, paper, tissue and wood products facilities in the United States and Canada.