Balfour Beatty (LSE:BBY) Cash, Cash Equivalents, Marketable Securities : £1,108 Mil (As of Dec. 2023)

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What is Balfour Beatty Cash, Cash Equivalents, Marketable Securities?

Balfour Beatty's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (£1,160.00 Mil) to Jun. 2023 (£900.00 Mil) but then increased from Jun. 2023 (£900.00 Mil) to Dec. 2023 (£1,108.00 Mil).

Balfour Beatty's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (£1,016.00 Mil) to Dec. 2022 (£1,160.00 Mil) but then declined from Dec. 2022 (£1,160.00 Mil) to Dec. 2023 (£1,108.00 Mil).

Balfour Beatty Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Balfour Beatty'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.

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Balfour Beatty Cash, Cash Equivalents, Marketable Securities Chart

Balfour Beatty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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653.00

770.00

1,016.00

1,160.00

1,108.00

Balfour Beatty 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															1,016.00	1,110.00	1,160.00	900.00	1,108.00

Balfour Beatty 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.

Balfour Beatty (LSE:BBY) 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.

Balfour Beatty Cash, Cash Equivalents, Marketable Securities Related Terms

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Balfour Beatty (LSE:BBY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Balfour Beatty PLC (LSE:BBY) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

BAFYY:USA BAFBF:USA BBYl:UK BIH:Germany

Address

5 Churchill Place, Canary Wharf, London, GBR, E14 5HU

Website

https://www.balfourbeatty.com

Balfour Beatty PLC finances, builds, and maintains infrastructure projects. It develops projects in energy, water, communications, transportation, and other industrial markets. In addition, the company manages construction businesses and provides maintenance and management services in power transmission, utilities infrastructure, road, and rail. Some projects are granted through concessions by government authorities. Balfour Beatty operates three business segments: Construction services (majority of total revenue), Support services, and Infrastructure investments. It will invest directly in infrastructure assets when there are opportunities to manage the projects upon completion and create recurring revenue. The majority of sales are derived from the United Kingdom and the United States.