Eurasian Natural Resources (LSE:ENRC) Cash, Cash Equivalents, Marketable Securities : £309 Mil (As of Dec. 2013)

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

What is Eurasian Natural Resources Cash, Cash Equivalents, Marketable Securities?

Eurasian Natural Resources's quarterly cash, cash equivalents, marketable securities increased from Dec. 2011 (£422.44 Mil) to Dec. 2012 (£470.44 Mil) but then stayed the same from Dec. 2012 (£470.44 Mil) to Dec. 2013 (£309.27 Mil).

Eurasian Natural Resources's annual cash, cash equivalents, marketable securities increased from Dec. 2011 (£422.44 Mil) to Dec. 2012 (£470.44 Mil) but then declined from Dec. 2012 (£470.44 Mil) to Dec. 2013 (£309.27 Mil).

Eurasian Natural Resources Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Eurasian Natural Resources'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.

Eurasian Natural Resources Cash, Cash Equivalents, Marketable Securities Chart

Eurasian Natural Resources Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

542.08

1,042.27

422.44

470.44

309.27

Eurasian Natural Resources Semi-Annual Data
	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial					542.08	1,042.27	422.44	470.44	309.27

Eurasian Natural Resources 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.

Eurasian Natural Resources (LSE:ENRC) 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.

Eurasian Natural Resources Cash, Cash Equivalents, Marketable Securities Related Terms

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

Eurasian Natural Resources (LSE:ENRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Eurasian Natural Resources Corporation PLC (LSE:ENRC) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

Website

http://www.enrc.com

Eurasian Natural Resources Corp Ltd was incorporated on December 06, 2006. It is a diversified natural resources company. It performs integrated mining, processing, power generation, logistics and marketing operations. Its six operating segments are Ferroalloys, Iron Ore, Alumina and Aluminium, Other Non-ferrous, Energy, and Logistics. Ferroalloys comprises the extraction and sale of chrome ore as well as the production of ferroalloys from chromium and manganese ores. Iron Ore comprises exploration, extraction, processing and manufacturing of iron ore products. Alumina and Aluminium comprises extraction and processing of bauxite and limestone, and smelting of alumina and aluminium. Other Non-ferrous comprises the exploration and extraction, processing and manufacturing of copper and cobalt products, and the exploration of other minerals in Africa. Energy comprises coal mining and power generation. Logistics includes transportation and logistical services to the company's primary operating divisions and to third parties.

Eurasian Natural Resources (LSE:ENRC) Headlines

No Headlines