December 8, 2024
Operating Assets

Methanex (FRA:MX5) Cash, Cash Equivalents, Marketable Secur


What is Methanex Cash, Cash Equivalents, Marketable Securities?

Methanex‘s quarterly cash, cash equivalents, marketable securities

declined

from Dec. 2023 (€420.00 Mil) to Mar. 2024 (€374.50 Mil) but then

increased

from Mar. 2024 (€374.50 Mil) to Jun. 2024 (€395.87 Mil).

Methanex‘s annual cash, cash equivalents, marketable securities

declined

from Dec. 2021 (€824.88 Mil) to Dec. 2022 (€809.71 Mil) and

declined

from Dec. 2022 (€809.71 Mil) to Dec. 2023 (€420.00 Mil).


Methanex Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Methanex‘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.

Methanex Cash, Cash Equivalents, Marketable Securities Chart

Methanex 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 375.09 685.42 824.88 809.71 420.00


Methanex 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.


Methanex  (FRA:MX5) 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.


Methanex Cash, Cash Equivalents, Marketable Securities Related Terms

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


Methanex Business Description

Traded in Other Exchanges

Address

200 Burrard Street, 1800 Waterfront Centre, Vancouver, BC, CAN, V6C 3M1

Methanex Corp manufactures and sells methanol. Methanex’s customers use methanol as a feedstock to produce end-products including adhesives, foams, solvents, and windshield washer fluids. The firm also sells its products to the oil refining industry, where the methanol is blended with gasoline to produce a high-octane fuel or blended as a component of biodiesel. Methanex distributes its products through a global supply chain that includes the operation of port terminals, tankers, barges, rail cars, trucks, and pipelines. China generates the most revenue of any geographical segment.



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