What is Southwestern Energy Co Cash, Cash Equivalents, Marketable Securities?
Southwestern Energy Co's quarterly cash, cash equivalents, marketable securities
increased
from Jun. 2023 ($25.00 Mil) to Sep. 2023 ($26.00 Mil) but then
stayed the same
from Sep. 2023 ($26.00 Mil) to Dec. 2023 ($21.00 Mil).
Southwestern Energy Co's annual cash, cash equivalents, marketable securities
increased
from Dec. 2021 ($28.00 Mil) to Dec. 2022 ($50.00 Mil) but then
declined
from Dec. 2022 ($50.00 Mil) to Dec. 2023 ($21.00 Mil).
Southwestern Energy Co Cash, Cash Equivalents, Marketable Securities Historical Data
The historical data trend for Southwestern Energy Co'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.
Southwestern Energy Co Cash, Cash Equivalents, Marketable Securities Chart
Southwestern Energy Co 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.
Southwestern Energy Co (NYSE:SWN) 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.
Southwestern Energy Co Cash, Cash Equivalents, Marketable Securities Related Terms
Thank you for viewing the detailed overview of Southwestern Energy Co's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.
Southwestern Energy Co (Southwestern Energy Co) Business Description
Southwestern Energy Co is a us-based independent energy company. It is engaged in exploration, development and production activities, including related natural gas gathering and marketing. The company principally carries its business activities in the United States. The operating segments of the company are the Exploration and Production and Marketing segment. Its Exploration and Production segment is the key revenue driver for the company which includes the revenue derived from the production and sale of natural gas and liquids. The Marketing segment generates revenue through the marketing of both the company and third-party produced natural gas and liquids volumes and through gathering fees associated with the transportation of natural gas to market.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SWN has been successfully added to your 