Ecolab (Ecolab) Cash, Cash Equivalents, Marketable Securities : $920 Mil (As of Dec. 2023)

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What is Ecolab Cash, Cash Equivalents, Marketable Securities?

Ecolab's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 ($554.20 Mil) to Sep. 2023 ($1,001.30 Mil) but then stayed the same from Sep. 2023 ($1,001.30 Mil) to Dec. 2023 ($919.50 Mil).

Ecolab's annual cash, cash equivalents, marketable securities increased from Dec. 2021 ($359.90 Mil) to Dec. 2022 ($598.60 Mil) and increased from Dec. 2022 ($598.60 Mil) to Dec. 2023 ($919.50 Mil).

Ecolab Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Ecolab'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.

Ecolab Cash, Cash Equivalents, Marketable Securities Chart

Ecolab Annual Data

Trend

Dec14

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Dec16

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Dec18

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Dec20

Dec21

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Dec23

Cash, Cash Equivalents, Marketable Securities

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118.80

1,260.20

359.90

598.60

919.50

Ecolab Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															598.60	419.40	554.20	1,001.30	919.50

Ecolab 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.

Ecolab (NYSE:ECL) 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.

Ecolab Cash, Cash Equivalents, Marketable Securities Related Terms

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Ecolab (Ecolab) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ecolab Inc (NYSE:ECL) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

ECL:Mexico ECJ:Germany ECJ:Germany

Address

1 Ecolab Place, Saint Paul, MN, USA, 55102

Website

https://www.ecolab.com

Ecolab produces and markets cleaning and sanitation products for the industrial manufacturing, hospitality, healthcare, and life sciences markets. The firm is the global market share leader in this category with a wide array of products and services, including dish and laundry washing systems, pest control, and infection control products. Additionally, Ecolab sells customized water management solutions across its end markets. The company has a strong hold on the U.S. market and is growing its presence abroad.

Executives

Laurie M Marsh	officer: Senior VP - Human Resources	1601 W. DIEHL ROAD, NAPERVILLE IL 60563
David Maclennan	director	14701 CHARLSON ROAD, EDEN PRAIRIE MN 55347
Nicholas J. Alfano	officer: EVP & PRES - GLOBAL INDUSTRIAL	1 ECOLAB PLACE, SAINT PAUL MN 55102
Angela M Busch	officer: SVP - Corporate Development	1 ECOLAB PLACE, SAINT PAUL MN 55102
Gregory B Cook	officer: EVP & PRES - INST GROUP	1 ECOLAB PLACE, SAINT PAUL MN 55102
Nicolas A Granucci	officer: EVP & PRES - GLOBAL PEST	1 ECOLAB PLACE, SAINT PAUL MN 55102
Larry L Berger	officer: Chief Technical Officer & SVP	1 ECOLAB PLACE, SAINT PAUL MN 55102
Arthur J Higgins	director	C/O ZIMMER, INC., P.O. BOX 708, WARSAW IN 46580
Gail Peterson	officer: SVP - Global Mktg & Comms	1 ECOLAB PLACE, SAINT PAUL MN 55102
Christophe Beck	officer: Executive V.P., Instit. NA	370 WABASHA STREET NORTH, SAINT PAUL MN 55102
Eric Mark Green	director	530 HERMAN O. WEST DRIVE, EXTON PA 19341
Gates William H Iii	10 percent owner	2365 CARILLON POINT, KIRKLAND WA 98033
Michael C. Mccormick	officer: Ex.VP, GC & Asst. Secretary	1 ECOLAB PLACE, ST. PAUL MN 55102
Lanesha Minnix	officer: EVP, GC & SECRETARY	TWO LAKESIDE COMMONS, BUILDING TWO, 980 HAMMOND DRIVE, SUITE 500, ATLANTA GA 30328
Tracy B Mckibben	director	100 RIVERSIDE BOULEVARD, #3S, NEW YORK NY 10069