Companhia Brasileira de Aluminio (BSP:CBAV3) Cash, Cash Equivalents, Marketable Securities : R$1,373 Mil (As of Jun. 2023)

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What is Companhia Brasileira de Aluminio Cash, Cash Equivalents, Marketable Securities?

Companhia Brasileira de Aluminio's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (R$1,188.93 Mil) to Mar. 2023 (R$1,296.43 Mil) and increased from Mar. 2023 (R$1,296.43 Mil) to Jun. 2023 (R$1,372.68 Mil).

Companhia Brasileira de Aluminio's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (R$1,786.70 Mil) to Dec. 2022 (R$1,188.93 Mil) but then increased from Dec. 2022 (R$1,188.93 Mil) to Dec. 2023 (R$1,729.27 Mil).

Companhia Brasileira de Aluminio Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Companhia Brasileira de Aluminio'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.

Companhia Brasileira de Aluminio Cash, Cash Equivalents, Marketable Securities Chart

Companhia Brasileira de Aluminio Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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606.67

1,249.37

1,786.70

1,188.93

1,729.27

Companhia Brasileira de Aluminio Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial												1,634.24	1,188.93	1,296.43	1,372.68	1,729.27

Companhia Brasileira de Aluminio 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.

Companhia Brasileira de Aluminio (BSP:CBAV3) 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.

Companhia Brasileira de Aluminio Cash, Cash Equivalents, Marketable Securities Related Terms

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Companhia Brasileira de Aluminio (BSP:CBAV3) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Companhia Brasileira de Aluminio SA (BSP:CBAV3) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

Avenue Eusebio Matoso, 1375 - 12 Andar Conj 1001, Pinheiros, Sao Paulo, SP, BRA, 05423-18

Website

https://www.cba.com.br

Companhia Brasileira de Aluminio SA is engaged in the exploration of bauxite mining in Brazil, producing and/or trading bauxite, alumina, primary aluminum, and semi-fabricated products in Brazil and abroad. The Company has a wide product range, such as ingots, billets, plates, coils, foil, and extruded products. The company has three operating segments; the Aluminum segment comprises the operations of the aluminum production chain, from bauxite mining to the production of primary and downstream products, the Energy segment; Comprises the sale of surplus energy to the market only, and the Nickel segment; considers the operations of the Nickel and Legado Verdes do Cerrado Plants.

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