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PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) Cash, Cash Equivalents, Marketable Securities : €1,964 Mil (As of Dec. 2023)


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What is PJSC Mining & Metallurgical Co Norilsk Nickel Cash, Cash Equivalents, Marketable Securities?

PJSC Mining & Metallurgical Co Norilsk Nickel's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (€1,814.37 Mil) to Jun. 2023 (€2,061.98 Mil) but then stayed the same from Jun. 2023 (€2,061.98 Mil) to Dec. 2023 (€1,964.21 Mil).

PJSC Mining & Metallurgical Co Norilsk Nickel's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (€4,947.15 Mil) to Dec. 2022 (€1,814.37 Mil) but then increased from Dec. 2022 (€1,814.37 Mil) to Dec. 2023 (€1,964.21 Mil).


PJSC Mining & Metallurgical Co Norilsk Nickel Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for PJSC Mining & Metallurgical Co Norilsk Nickel'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.

PJSC Mining & Metallurgical Co Norilsk Nickel Cash, Cash Equivalents, Marketable Securities Chart

PJSC Mining & Metallurgical Co Norilsk Nickel 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 2,505.60 4,236.92 4,947.15 1,814.37 1,964.21

PJSC Mining & Metallurgical Co Norilsk Nickel Semi-Annual Data
Jun14 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 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 4,947.15 1,935.52 1,814.37 2,061.98 1,964.21

PJSC Mining & Metallurgical Co Norilsk Nickel 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.


PJSC Mining & Metallurgical Co Norilsk Nickel  (WBO:MNOD) 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.


PJSC Mining & Metallurgical Co Norilsk Nickel Cash, Cash Equivalents, Marketable Securities Related Terms

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PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) Business Description

Traded in Other Exchanges
Address
15, 1st Krasnogvardeysky Drive, Moscow, RUS, 123100
PJSC Mining & Metallurgical Co Norilsk Nickel is a metal and mining company engaged in activities such as exploration, extraction, refining of ore and nonmetallic minerals, and sale of base and precious minerals. The company is organized into seven operating business segments: GMK Group, South Cluster, KGMK Group, NN Harjavalta, GRK Bystrinskoye, other mining, and other nonmetallurgical. The majority of the company's revenue is derived from the GMK Group segment which includes mining, processing and other metallurgy operations, and sale of precious metals. More than half the company's consolidated revenue is earned from the sale of metals to customers in Europe.

PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) Headlines

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