Brookfield Asset Management (Brookfield Asset Management) Cash, Cash Equivalents, Marketable Securities : $9.0 Mil (As of Dec. 2023)

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What is Brookfield Asset Management Cash, Cash Equivalents, Marketable Securities?

Brookfield Asset Management's quarterly cash, cash equivalents, marketable securities stayed the same from Jun. 2023 ($12.00 Mil) to Sep. 2023 ($12.00 Mil) and stayed the same from Sep. 2023 ($12.00 Mil) to Dec. 2023 ($9.00 Mil).

Brookfield Asset Management's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($2,494.00 Mil) to Dec. 2022 ($1.00 Mil) but then increased from Dec. 2022 ($1.00 Mil) to Dec. 2023 ($9.00 Mil).

Brookfield Asset Management Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Brookfield Asset Management'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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Brookfield Asset Management Cash, Cash Equivalents, Marketable Securities Chart

Brookfield Asset Management Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

2,494.00

1.00

9.00

Brookfield Asset Management Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial						1.00	12.00	12.00	12.00	9.00

Brookfield Asset Management 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.

Brookfield Asset Management (NYSE:BAM) 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.

Brookfield Asset Management Cash, Cash Equivalents, Marketable Securities Related Terms

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Brookfield Asset Management (Brookfield Asset Management) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

RW5:Germany RW5:Germany BAM:Canada

Address

181 Bay Street, Suite 100, Brookfield Place, Toronto, ON, CAN, M5H 2T3

Website

https://www.brookfield.com

Brookfield Asset Management Ltd engages in providing alternative asset management services through an ownership interest in a leading global alternative asset management business. It offers a range of alternative investment products to investors around the world including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies, and private wealth investors.