December 8, 2024
Operating Assets

BW LPG (STU:1PE) Cash, Cash Equivalents, Marketable Securit


What is BW LPG Cash, Cash Equivalents, Marketable Securities?

BW LPG‘s quarterly cash, cash equivalents, marketable securities

increased

from Dec. 2023 (€266.68 Mil) to Mar. 2024 (€304.05 Mil) but then

stayed the same

from Mar. 2024 (€304.05 Mil) to Jun. 2024 (€248.10 Mil).

BW LPG‘s annual cash, cash equivalents, marketable securities

increased

from Dec. 2021 (€120.29 Mil) to Dec. 2022 (€271.67 Mil) but then

declined

from Dec. 2022 (€271.67 Mil) to Dec. 2023 (€266.68 Mil).


BW LPG Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for BW LPG‘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.

BW LPG Cash, Cash Equivalents, Marketable Securities Chart

BW LPG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash, Cash Equivalents, Marketable Securities
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Premium Member Only Premium Member Only 84.17 97.42 120.29 271.67 266.68


BW LPG 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.


BW LPG  (STU:1PE) 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.


BW LPG Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of BW LPG’s Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.


BW LPG Business Description

Traded in Other Exchanges

Address

10 Pasir Panjang Road, Mapletree Business City, No.17-02, Singapore, SGP, 117438

BW LPG Ltd is a transportation and logistics company that ships liquified petroleum gas through its fleet of maritime vessels. Liquified petroleum gas is used in homes, agriculture, transportation, and chemical production. The company is organized into two main segments: The shipping segment and the product services segment which buy and sell liquid petroleum gas and deliver it to customers.



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