Cementos PacasmayoA (LIM:CPAC) Cash, Cash Equivalents, Marketable Securities : $14.8 Mil (As of Mar. 2024)

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What is Cementos PacasmayoA Cash, Cash Equivalents, Marketable Securities?

Cementos PacasmayoA's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 ($49.57 Mil) to Dec. 2023 ($24.09 Mil) but then stayed the same from Dec. 2023 ($24.09 Mil) to Mar. 2024 ($14.78 Mil).

Cementos PacasmayoA's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($73.01 Mil) to Dec. 2022 ($45.04 Mil) and declined from Dec. 2022 ($45.04 Mil) to Dec. 2023 ($24.09 Mil).

Cementos PacasmayoA Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Cementos PacasmayoA'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.

Cementos PacasmayoA Cash, Cash Equivalents, Marketable Securities Chart

Cementos PacasmayoA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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18.23

82.50

73.01

45.04

24.09

Cementos PacasmayoA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															12.09	20.21	49.57	24.09	14.78

Cementos PacasmayoA 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.

Cementos PacasmayoA (LIM:CPAC) 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.

Cementos PacasmayoA Cash, Cash Equivalents, Marketable Securities Related Terms

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Cementos PacasmayoA (LIM:CPAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cementos Pacasmayo SAA (LIM:CPAC) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

CPAC:USA CPACASI1:Peru CPACASC1:Peru

Address

Calle La Colonia No. 150, Urbanizacion El Vivero, Surco, Lima, PER

Website

https://www.cementospacasmayo.com.pe

Cementos Pacasmayo SAA is a Peruvian cement company that primarily produces, distributes, and sells cement and cement-related materials, such as concrete blocks and ready-mix concrete. The company's products are primarily used in construction. It also produces and sells quicklime for use in mining operations. The company sells its products mainly in the northern part of Peru. It owns three cement production facilities. Its flagship Pacasmayo facility is located in the northwest region of Peru, while its new cement plant in Piura and smaller Rioja facility are located in the northeast region of Peru.