KGHM Polska Miedz (WAR:KGH) Cash, Cash Equivalents, Marketable Securities : zł1,133 Mil (As of Mar. 2024)

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What is KGHM Polska Miedz Cash, Cash Equivalents, Marketable Securities?

KGHM Polska Miedz's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 (zł1,662.00 Mil) to Dec. 2023 (zł1,702.00 Mil) but then stayed the same from Dec. 2023 (zł1,702.00 Mil) to Mar. 2024 (zł1,133.00 Mil).

KGHM Polska Miedz's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (zł2,026.00 Mil) to Dec. 2022 (zł1,181.00 Mil) but then increased from Dec. 2022 (zł1,181.00 Mil) to Dec. 2023 (zł1,702.00 Mil).

KGHM Polska Miedz Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for KGHM Polska Miedz'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.

KGHM Polska Miedz Cash, Cash Equivalents, Marketable Securities Chart

KGHM Polska Miedz Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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1,069.00

2,604.00

2,026.00

1,181.00

1,702.00

KGHM Polska Miedz Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															1,947.00	2,305.00	1,662.00	1,702.00	1,133.00

KGHM Polska Miedz 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.

KGHM Polska Miedz (WAR:KGH) 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.

KGHM Polska Miedz Cash, Cash Equivalents, Marketable Securities Related Terms

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KGHM Polska Miedz (WAR:KGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » KGHM Polska Miedz SA (WAR:KGH) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

KGHPF:USA 0O8D:UK KGHA:Germany KGH:Czech Republic

Address

48 M.Sklodowskiej-Curie Street, Lubin, POL, 59-301

Website

https://www.kghm.com

KGHM Polska Miedz SA engages in copper ore mining and copper production primarily in South-Western Poland. The company also produces precious metals such as silver, which is typically used for coins, jewellery, photography products and industrial purposes. The bulk of group revenue is generated through copper sales, and the remainder is primarily through sales of silver, while a minor portion is generated through the production of gold, salt and casting of light metals. The materials are sold domestically, and exported to Germany, China, the U.S., the United Kingdom and the Czech Republic, among many other European nations. KGHM Polska Miedz SA is also involved in construction and engineering, through its wholly owned subsidiary Bipromet SA.

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