WSP Global (TSX:WSP) Cash And Cash Equivalents : C$1,373 Mil (As of Sep. 2024)

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What is WSP Global Cash And Cash Equivalents?

WSP Global's quarterly cash and cash equivalents increased from Mar. 2024 (C$341.60 Mil) to Jun. 2024 (C$374.40 Mil) and increased from Jun. 2024 (C$374.40 Mil) to Sep. 2024 (C$1,373.20 Mil).

WSP Global's annual cash and cash equivalents declined from Dec. 2021 (C$927.40 Mil) to Dec. 2022 (C$495.60 Mil) and declined from Dec. 2022 (C$495.60 Mil) to Dec. 2023 (C$378.00 Mil).

WSP Global Cash And Cash Equivalents Historical Data

The historical data trend for WSP Global'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.

WSP Global Cash And Cash Equivalents Chart

WSP Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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255.60

437.10

927.40

495.60

378.00

WSP Global Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															290.40	378.00	341.60	374.40	1,373.20

WSP Global 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.

WSP Global (TSX:WSP) 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.

WSP Global Cash And Cash Equivalents Related Terms

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WSP Global Business Description

Industry

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WSPOF:USA

Address

1600, Rene-Levesque Bouleverd West, 11th Floor, Montreal, QC, CAN, H3H 1P9

Website

https://www.wsp.com

WSP Global Inc provides engineering and design services to clients in the Transportation and Infrastructure, Property and Buildings, Environment, Power and Energy, Resources, and Industry sectors. It also offers strategic advisory services. The firm operates through four reportable segments namely, Canada, Americas ( United States and Latin America), EMEIA (Europe, Middle East, India and Africa), and APAC (Asia Pacific, comprising Australia, New Zealand and Asia).

Executives

Canada Pension Plan Investment Board	10% Security Holder
Caisse De Dépôt Et Placement Du Québec	10% Security Holder
Guy Templeton	Senior Officer
Birgit Norgaard	Director
Pierre Shoiry	Director, Senior Officer
Philippe Fortier	Senior Officer
Alexandre L'heureux	Director, Senior Officer
Alain Michaud	Senior Officer
Mark Naysmith	Senior Officer
Robert Ouellette	Senior Officer
Jan Magnus Meyer	Senior Officer
David Langlois	Senior Officer
Isabelle Adjahi	Senior Officer
Paul Raymond	Director

WSP Global Headlines

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