Mast Energy Developments (LSE:MAST) Cash, Cash Equivalents, Marketable Securities : £0.00 Mil (As of Dec. 2023)

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What is Mast Energy Developments Cash, Cash Equivalents, Marketable Securities?

Mast Energy Developments's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (£0.13 Mil) to Jun. 2023 (£0.01 Mil) but then stayed the same from Jun. 2023 (£0.01 Mil) to Dec. 2023 (£0.00 Mil).

Mast Energy Developments's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (£1.81 Mil) to Dec. 2022 (£0.13 Mil) and declined from Dec. 2022 (£0.13 Mil) to Dec. 2023 (£0.00 Mil).

Mast Energy Developments Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Mast Energy Developments'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.

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Mast Energy Developments Cash, Cash Equivalents, Marketable Securities Chart

Mast Energy Developments Annual Data

Trend

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

1.81

0.13

Mast Energy Developments Semi-Annual Data
	Mar20	Mar21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			-	0.78	0.13	0.01	-

Mast Energy Developments 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.

Mast Energy Developments (LSE:MAST) 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.

Mast Energy Developments Cash, Cash Equivalents, Marketable Securities Related Terms

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Mast Energy Developments (LSE:MAST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Mast Energy Developments PLC (LSE:MAST) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

N/A

Address

Salisbury House, London Wall, London, GBR, EC2M 5PS

Website

https://www.med.energy

Mast Energy Developments PLC is a UK-based multi-asset operator in the Reserve Power market. The company's business is to acquire and develop a portfolio of flexible small-scale power generation assets, exploiting a growing niche market in the UK for reserve power generation to balance out the national grid at critical times.

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