AmeraMex International (AmeraMex International) Cash, Cash Equivalents, Marketable Securities : $0.94 Mil (As of Mar. 2023)

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

What is AmeraMex International Cash, Cash Equivalents, Marketable Securities?

AmeraMex International's quarterly cash, cash equivalents, marketable securities increased from Sep. 2022 ($0.36 Mil) to Dec. 2022 ($1.03 Mil) but then stayed the same from Dec. 2022 ($1.03 Mil) to Mar. 2023 ($0.94 Mil).

AmeraMex International's annual cash, cash equivalents, marketable securities increased from Dec. 2020 ($0.41 Mil) to Dec. 2021 ($1.00 Mil) and increased from Dec. 2021 ($1.00 Mil) to Dec. 2022 ($1.03 Mil).

AmeraMex International Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for AmeraMex International's Cash, Cash Equivalents, Marketable Securities 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.

AmeraMex International Cash, Cash Equivalents, Marketable Securities Chart

AmeraMex International Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

0.20

0.12

0.41

1.00

1.03

AmeraMex International Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															0.63	0.30	0.36	1.03	0.94

AmeraMex International Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

AmeraMex International (OTCPK:AMMX) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

AmeraMex International Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of AmeraMex International's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

AmeraMex International (AmeraMex International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » AmeraMex International Inc (OTCPK:AMMX) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

3930 Esplanade, Chico, CA, USA, 95973

Website

https://www.ammx.net

AmeraMex International Inc is a dealer of new and refurbished heavy equipment. It sells, leases, and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. The company's key product line is specialized container handling equipment for loading and unloading of container ships and dry dock areas.

Executives

Hope Stone	officer: Chief Financial Officer	3930 ESPLANADE, CHICO CA 95973
Lee Hamre	director, 10 percent owner, officer: Chief Executive Officer,, other: Chairman	3930 ESPLANADE, CHICO CA 95973
Marty Tullio	director, officer: Secretary and Director	3930 ESPLANADE, CHICO CA 95973
Brian Hamre	director	3930 ESPLANADE, CHICO CA 95973
John Jeffery Morris	director	3930 ESPLANADE, CHICO CA 95973
Michael R. Maloney	director, officer: Chief Operations Officer,, other: Treasurer	3930 ESPLANADE, CHICO CA 95973