MRS Logistica (BSP:MRSA3B) Cash And Cash Equivalents : R$3,053 Mil (As of Mar. 2024)

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What is MRS Logistica Cash And Cash Equivalents?

MRS Logistica's quarterly cash and cash equivalents increased from Sep. 2023 (R$1,743.74 Mil) to Dec. 2023 (R$3,385.80 Mil) but then stayed the same from Dec. 2023 (R$3,385.80 Mil) to Mar. 2024 (R$3,053.14 Mil).

MRS Logistica's annual cash and cash equivalents declined from Dec. 2021 (R$1,836.61 Mil) to Dec. 2022 (R$866.86 Mil) but then increased from Dec. 2022 (R$866.86 Mil) to Dec. 2023 (R$3,385.80 Mil).

MRS Logistica Cash And Cash Equivalents Historical Data

The historical data trend for MRS Logistica's Cash And Cash Equivalents 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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MRS Logistica Cash And Cash Equivalents Chart

MRS Logistica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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668.26

1,206.48

1,836.61

866.86

3,385.80

MRS Logistica Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															888.72	1,223.93	1,743.74	3,385.80	3,053.14

MRS Logistica Cash And Cash Equivalents 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.

MRS Logistica (BSP:MRSA3B) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

MRS Logistica Cash And Cash Equivalents Related Terms

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MRS Logistica (BSP:MRSA3B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MRS Logistica SA (BSP:MRSA3B) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

MRSA6B:Brazil MRSA5B:Brazil

Address

Praia de Botafogo 228, Sala 1201 E, Rio de Janeiro, RJ, BRA, 22250906

Website

http://www.mrs.com.br

MRS Logistica SA is a publicly-held corporation engaged in the transportation services. The company operates a public railway transportation concession in the Southeast network, located in the States of Rio de Janeiro, Sao Paulo, and Minas Gerais. It interconnects the states of Rio de Janeiro, Minas Gerais, and Sao Paulo, spanning through the region that concentrates approximately 50% of Brazil's gross domestic product. Through MRS' railways, it also provides transport to reach the ports of Itaguai and Santos and Latin America. The company generates its entire revenue from providing cargo transport services in the Southeast Brazil.

MRS Logistica (BSP:MRSA3B) Headlines

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