Brookfield Business (Brookfield Business) Cash And Cash Equivalents : $743 Mil (As of Mar. 2024)

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What is Brookfield Business Cash And Cash Equivalents?

Brookfield Business's quarterly cash and cash equivalents increased from Sep. 2023 ($646.00 Mil) to Dec. 2023 ($772.00 Mil) but then stayed the same from Dec. 2023 ($772.00 Mil) to Mar. 2024 ($743.00 Mil).

Brookfield Business's annual cash and cash equivalents declined from Dec. 2021 ($894.00 Mil) to Dec. 2022 ($736.00 Mil) but then increased from Dec. 2022 ($736.00 Mil) to Dec. 2023 ($772.00 Mil).

Brookfield Business Cash And Cash Equivalents Historical Data

The historical data trend for Brookfield Business's Cash And Cash Equivalents 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 Business Cash And Cash Equivalents Chart

Brookfield Business Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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792.00

777.00

894.00

736.00

772.00

Brookfield Business Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial												810.00	836.00	646.00	772.00	743.00

Brookfield Business Cash And Cash Equivalents 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.

Brookfield Business (NYSE:BBUC) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Brookfield Business Cash And Cash Equivalents Related Terms

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Brookfield Business (Brookfield Business) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brookfield Business Corp (NYSE:BBUC) » Definitions » Cash And Cash Equivalents

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BBUC:Canada

Address

1055 West Georgia Street, Suite 1500, P.O. Box 11117, Vancouver, BC, CAN, V6E 4N7

Website

https://www.bbu.brookfield.com

Brookfield Business Corp is a company established as a vehicle that owns and operates certain services and industrial operations on a global basis and an alternative vehicle for investors who prefer investing in its operations through a corporate structure. Its goal is to generate returns through long-term capital appreciation with a modest distribution yield.