Cementos Molins (XMAD:CMO) Cash, Cash Equivalents, Marketable Securities : €83 Mil (As of Jun. 2023)

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

Cementos Molins's quarterly cash, cash equivalents, marketable securities declined from Jun. 2022 (€94.00 Mil) to Dec. 2022 (€85.55 Mil) but then stayed the same from Dec. 2022 (€85.55 Mil) to Jun. 2023 (€83.37 Mil).

Cementos Molins's annual cash, cash equivalents, marketable securities declined from Dec. 2020 (€147.47 Mil) to Dec. 2021 (€101.47 Mil) and declined from Dec. 2021 (€101.47 Mil) to Dec. 2022 (€85.55 Mil).

Cementos Molins Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Cementos Molins'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 Molins Cash, Cash Equivalents, Marketable Securities Chart

Cementos Molins Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

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63.95

64.38

147.47

101.47

85.55

Cementos Molins Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															184.11	101.47	94.00	85.55	83.37

Cementos Molins 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 Molins (XMAD:CMO) 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 Molins Cash, Cash Equivalents, Marketable Securities Related Terms

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Cementos Molins (XMAD:CMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cementos Molins SA (XMAD:CMO) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

Calle Espronceda 38, local 3, Madrid, ESP, 28003

Website

http://www.cemolins.es

Cementos Molins SA engages in the manufacturing and selling of gray cement and white cement used for various construction purposes in the civil engineering industry. The group's core business is to manufacture and market its products which include, cement, clinker, concrete, mortars, aggregates, and precast concrete. It caters to markets around the world which include Spain, Argentina, Uruguay, Mexico, Bangladesh, India, Tunisia, China, Bolivia, and Columbia. It generates the majority of its revenues from the sales of its products through in the foreign markets.