Compania Industrial El Volcan (XSGO:VOLCAN) Cash And Cash Equivalents : CLP24,902 Mil (As of Dec. 2023)

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What is Compania Industrial El Volcan Cash And Cash Equivalents?

Compania Industrial El Volcan's quarterly cash and cash equivalents increased from Jun. 2023 (CLP22,250.78 Mil) to Sep. 2023 (CLP23,756.01 Mil) and increased from Sep. 2023 (CLP23,756.01 Mil) to Dec. 2023 (CLP24,901.55 Mil).

Compania Industrial El Volcan's annual cash and cash equivalents declined from Dec. 2021 (CLP59,132.26 Mil) to Dec. 2022 (CLP11,893.09 Mil) but then increased from Dec. 2022 (CLP11,893.09 Mil) to Dec. 2023 (CLP24,901.55 Mil).

Compania Industrial El Volcan Cash And Cash Equivalents Historical Data

The historical data trend for Compania Industrial El Volcan'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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Compania Industrial El Volcan Cash And Cash Equivalents Chart

Compania Industrial El Volcan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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17,732.70

70,076.67

59,132.26

11,893.09

24,901.55

Compania Industrial El Volcan Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															11,893.09	17,212.43	22,250.78	23,756.01	24,901.55

Compania Industrial El Volcan 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.

Compania Industrial El Volcan (XSGO:VOLCAN) 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.

Compania Industrial El Volcan Cash And Cash Equivalents Related Terms

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Compania Industrial El Volcan (XSGO:VOLCAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Compania Industrial El Volcan SA (XSGO:VOLCAN) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Agustinas 1357, Piso 22, Santiago, CHL

Website

http://www.volcan.cl

Compania Industrial El Volcan SA is a producer and marketer of materials for construction in Chile, Peru, Colombia and Brazil. It supplies building materials and provides constructive solutions. Through its subsidiaries it produces plasterboard plates, mineral wool, glass wool, and many others. It also distributes mines gypsum and lime. Its products include Perimeter walls, Finishing the facade, Plates for wet areas, High hardness / impact plates, Plates with built-in color, Thermal insulation, Insulation of boilers and ponds, Insulation for pipes, Insulation for industrial sheds.

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