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5N Plus (TSX:VNP) Cash, Cash Equivalents, Marketable Securities : C$37.2 Mil (As of Jun. 2024)


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What is 5N Plus Cash, Cash Equivalents, Marketable Securities?

5N Plus's quarterly cash, cash equivalents, marketable securities declined from Dec. 2023 (C$46.56 Mil) to Mar. 2024 (C$45.93 Mil) but then stayed the same from Mar. 2024 (C$45.93 Mil) to Jun. 2024 (C$37.20 Mil).

5N Plus's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (C$46.00 Mil) to Dec. 2022 (C$58.00 Mil) but then declined from Dec. 2022 (C$58.00 Mil) to Dec. 2023 (C$46.56 Mil).


5N Plus Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for 5N Plus'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.

5N Plus Cash, Cash Equivalents, Marketable Securities Chart

5N Plus Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash, Cash Equivalents, Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.42 51.17 46.00 58.00 46.56

5N Plus Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.26 40.42 46.56 45.93 37.20

5N Plus 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.


5N Plus  (TSX:VNP) 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.


5N Plus Cash, Cash Equivalents, Marketable Securities Related Terms

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5N Plus Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » 5N Plus Inc (TSX:VNP) » Definitions » Cash, Cash Equivalents, Marketable Securities
Traded in Other Exchanges
Address
4385 Garand Street, Saint-Laurent, Montreal, QC, CAN, H4R 2B4
5N Plus Inc is a Canadian-based company producing specialty semiconductors and performance materials. The company operates in two segments Specialty Semiconductors and Performance Materials. The Specialty Semiconductors segment manufactures and sells products used in several applications such as renewable energy, space satellites, and imaging. The Performance Materials segment manufactures and sells products that are used in several applications in pharmaceutical & healthcare, industrial, and catalytic and extractive. Main products are sold as active pharmaceutical ingredients, animal feed additives, specialized chemicals, commercial-grade metals, alloys, and engineered powders. The maximum revenue is derived from the Specialty Semiconductors segment.
Executives
Richard Perron Senior Officer
Luc Bertrand Director
Jean-marie Bourassa Director
Jurgen Heizmann Senior Officer
Gervais Jacques Director, Senior Officer
Arjang Roshan Senior Officer
Nathalie Le Prohon Director
Nicholas Audet Senior Officer
Paul Tancell Senior Officer
Jean Mayer Senior Officer

5N Plus Headlines

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