Toll Brothers (Toll Brothers) Cash, Cash Equivalents, Marketable Securities : $755 Mil (As of Jan. 2024)

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What is Toll Brothers Cash, Cash Equivalents, Marketable Securities?

Toll Brothers's quarterly cash, cash equivalents, marketable securities increased from Jul. 2023 ($1,033.37 Mil) to Oct. 2023 ($1,300.07 Mil) but then stayed the same from Oct. 2023 ($1,300.07 Mil) to Jan. 2024 ($754.79 Mil).

Toll Brothers's annual cash, cash equivalents, marketable securities declined from Oct. 2021 ($1,638.49 Mil) to Oct. 2022 ($1,346.75 Mil) and declined from Oct. 2022 ($1,346.75 Mil) to Oct. 2023 ($1,300.07 Mil).

Toll Brothers Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Toll Brothers'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.

Toll Brothers Cash, Cash Equivalents, Marketable Securities Chart

Toll Brothers Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash, Cash Equivalents, Marketable Securities

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1,286.01

1,370.94

1,638.49

1,346.75

1,300.07

Toll Brothers Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															791.61	761.95	1,033.37	1,300.07	754.79

Toll Brothers 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.

Toll Brothers (NYSE:TOL) 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.

Toll Brothers Cash, Cash Equivalents, Marketable Securities Related Terms

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Toll Brothers (Toll Brothers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Toll Brothers Inc (NYSE:TOL) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

TLK:Germany TLK:Germany

Address

1140 Virginia Drive, Fort Washington, PA, USA, 19034

Website

https://www.tollbrothers.com

Toll Brothers is the leading luxury homebuilder in the United States with an average sale price well above public competitors'. The company operates in over 60 markets across 24 states and caters to move-up, active-adult, and second-home buyers. Traditional homebuilding operations represent most of company's revenue. Toll Brothers also builds luxury for-sale and for-rent properties in urban centers across the U.S. It has its headquarters in Horsham, Pennsylvania.

Executives

Paul E Shapiro	director
Martin P. Connor	officer: Chief Financial Officer	1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
John A Mclean	director	TOLL BROTHERS, INC., 1140 GIBRALTAR ROAD, FORT WASHINGTON PA 19034
Yearley Douglas C. Jr.	officer: Executive Vice President	250 GIBRALTAR ROAD, HORSHAM PA 19044
Carl B Marbach	director	17730 SCARSDALE WAY, BOCA RATON FL 33496
Robert Parahus	officer: EVP,Co-Chief Operating Officer	TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Michael J. Grubb	officer: Chief Accounting Officer	TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Christine Garvey	director	14100 E 35TH PLACE, AURORA CO 80011
Derek T. Kan	director	TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Richard J Braemer	director	324 SPRUCE ST, PHILADELPHIA PA 19106
Scott D Stowell	director
Robert I Toll	director, 10 percent owner, officer: Chief Executive Officer	1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19006
Edward G Boehne	director	313 DEVON STATE ST, DEVON PA 19333
Stephen F. East	director	TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
James W. Boyd	officer: EVP,Co-Chief Operating Officer	TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034