Valmont Industries (Valmont Industries) Cash, Cash Equivalents, Marketable Securities : $203 Mil (As of Dec. 2023)

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What is Valmont Industries Cash, Cash Equivalents, Marketable Securities?

Valmont Industries's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 ($166.91 Mil) to Sep. 2023 ($172.57 Mil) and increased from Sep. 2023 ($172.57 Mil) to Dec. 2023 ($203.04 Mil).

Valmont Industries's annual cash, cash equivalents, marketable securities increased from Dec. 2021 ($177.23 Mil) to Dec. 2022 ($185.41 Mil) and increased from Dec. 2022 ($185.41 Mil) to Dec. 2023 ($203.04 Mil).

Valmont Industries Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Valmont Industries'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.

Valmont Industries Cash, Cash Equivalents, Marketable Securities Chart

Valmont Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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353.54

400.73

177.23

185.41

203.04

Valmont Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															185.41	172.95	166.91	172.57	203.04

Valmont Industries 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.

Valmont Industries (NYSE:VMI) 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.

Valmont Industries Cash, Cash Equivalents, Marketable Securities Related Terms

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Valmont Industries (Valmont Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Valmont Industries Inc (NYSE:VMI) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

VI1:Germany

Address

15000 Valmont Plaza, Omaha, NE, USA, 68154-5215

Website

https://www.valmont.com

Valmont began in 1946 when founder, Robert B. Daugherty, combined his $5,000 savings with a wholehearted belief that business could and should be done better. From those modest beginnings, the company grew into a global leader, designing and manufacturing highly engineered products and services that support infrastructure development and agricultural productivity. Two primary business segments comprise Valmont: Agriculture and Infrastructure. Valmont have 85 manufacturing facilities in 22 countries, and do business in more than 100 countries across six continents.

Executives

Aaron M Schapper	officer: EVP Infrastructure	VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68154
Theodor Werner Freye	director	VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68154
John Timothy Donahue	officer: EVP, Corp/Business Development	VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68135
Stephen G Kaniewski	officer: President & COO	15000 VALMONT PLAZA, 15000 VALMONT PLAZA, OMAHA NE 68154
Daas Kaj Den	director	EIFELLAAN #3, 5691 GW, SON EN BREUGEL P7 00000
Gene Padgett	officer: CAO	VALMONT INDUSTRIES, INC., 15000 VALMONT PLAZA, OMAHA NE 68154
Timothy Francis	officer: VP Corporate Controller	VALMONT INDUSTRIES, INC., 15000 VALMONT PLAZA, OMAHA NE 68154-5215
Thomas Mitchell Parnell	officer: SVP, Human Resources	VALMONT INDUSTRIES, INC., 15000 VALMONT PLAZA, OMAHA NE 68154
Renee L Campbell	officer: SVP, Investor Relations, Treas	VALMONT INDUSTRIES, 15000 VALMONT PLAZA, OMAHA NE 68154
R Andrew Massey	officer: VP, Legal and Compliance	VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68154
James B. Milliken	director	ONE VALMONT PLAZA, 13815 FIRST NATIONAL BANK PARKWAY, OMAHA NE 68135
Mogens C Bay	director, officer: Chairman and CEO	15000 VALMONT PLAZA, OMAHA NE 68154
Randt Clark T. Jr.	director	ONE VALMONT PLAZA, 13815 FIRST NATIONAL BANK PARKWAY, OMAHA NE 68154
Joan Robinson-berry	director	VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68175
Ritu Favre	director	12367 CROSTHWAITE CIRCLE, POWAY CA 92064