Ghabbour Auto (Ghabbour Auto) Cash, Cash Equivalents, Marketable Securities : $145.72 Mil (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Ghabbour Auto Cash, Cash Equivalents, Marketable Securities?

Ghabbour Auto's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 ($126.30 Mil) to Sep. 2023 ($183.89 Mil) but then stayed the same from Sep. 2023 ($183.89 Mil) to Dec. 2023 ($145.72 Mil).

Ghabbour Auto's annual cash, cash equivalents, marketable securities increased from Dec. 2021 ($123.21 Mil) to Dec. 2022 ($166.35 Mil) but then declined from Dec. 2022 ($166.35 Mil) to Dec. 2023 ($145.72 Mil).

Ghabbour Auto Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Ghabbour Auto'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.

Ghabbour Auto Cash, Cash Equivalents, Marketable Securities Chart

Ghabbour Auto Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

87.62

114.55

123.21

166.35

145.72

Ghabbour Auto Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															166.35	137.93	126.30	183.89	145.72

Ghabbour Auto 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.

Ghabbour Auto (OTCPK:GBAXY) 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.

Ghabbour Auto Cash, Cash Equivalents, Marketable Securities Related Terms

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

Ghabbour Auto (Ghabbour Auto) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ghabbour Auto (OTCPK:GBAXY) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

GBCO:Egypt

Address

Alexandria Desert Road, Industrial Zone - Abou Rawash Kilo meter 28 Cairo, Giza, EGY

Website

https://www.gb-corporation.com

GB Corp is a company engaged in trading, distributing, and marketing of all transportation means including heavy trucks, semi-trucks, passenger cars, buses, minibuses, microbuses, agriculture tractors pick-ups, mechanical tools equipment for sail movement. It operates in segments that include Passenger cars engaged in trading, distributing, and marketing for all kinds of passenger cars including locally manufactured and imported cars. Buses and trucks segment, 2 & 3 Wheels, Financial Services non-Banking, and Other operations which includes trading spare parts, and accessories. The company derives the majority of its revenue from the Passenger car segment.