MAS (JSE:MSP) Cash, Cash Equivalents, Marketable Securities : R1,662 Mil (As of Dec. 2023)

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What is MAS Cash, Cash Equivalents, Marketable Securities?

MAS's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (R3,062.97 Mil) to Jun. 2023 (R1,967.19 Mil) but then stayed the same from Jun. 2023 (R1,967.19 Mil) to Dec. 2023 (R1,661.92 Mil).

MAS's annual cash, cash equivalents, marketable securities declined from Jun. 2021 (R5,375.10 Mil) to Jun. 2022 (R4,544.23 Mil) and declined from Jun. 2022 (R4,544.23 Mil) to Jun. 2023 (R1,967.19 Mil).

MAS Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for MAS'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.

MAS Cash, Cash Equivalents, Marketable Securities Chart

MAS Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash, Cash Equivalents, Marketable Securities

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1,862.33

991.85

5,375.10

4,544.23

1,967.19

MAS Semi-Annual Data
	Feb13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															5,464.75	4,544.23	3,062.97	1,967.19	1,661.92

MAS 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.

MAS (JSE:MSP) 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.

MAS Cash, Cash Equivalents, Marketable Securities Related Terms

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MAS (JSE:MSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » MAS PLC (JSE:MSP) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Address

Abate Rigord Street, Suite 11, Penthouse Level, Marina Business Centre, Ta’ Xbiex, MLT, VG1110

Website

https://www.masrei.com

MAS PLC is a commercial real estate development company that operates throughout mostly Western Europe, as well as Central and Eastern Europe. The company acquires, develops, and manages retail, office, industrial, and hotel properties. The group's investment property comprises income-generating property, development property, and land bank division. The group holds an interest in properties such as Whitbread hotels and Arches, Bruchsal, Nova Park, Stara Zagora, Chippenham, and others. The company geographically operates in Romania, Bulgaria, Poland, Germany and UK. It derives its majority Revenue from Romania.