MRC Global (FRA:37M) Cash And Cash Equivalents : €134 Mil (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is MRC Global Cash And Cash Equivalents?

MRC Global's quarterly cash and cash equivalents increased from Sep. 2023 (€48.72 Mil) to Dec. 2023 (€120.13 Mil) and increased from Dec. 2023 (€120.13 Mil) to Mar. 2024 (€134.32 Mil).

MRC Global's annual cash and cash equivalents declined from Dec. 2021 (€42.48 Mil) to Dec. 2022 (€30.21 Mil) but then increased from Dec. 2022 (€30.21 Mil) to Dec. 2023 (€120.13 Mil).

MRC Global Cash And Cash Equivalents Historical Data

The historical data trend for MRC Global'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.

* Premium members only.

MRC Global Cash And Cash Equivalents Chart

MRC Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

28.80

97.82

42.48

30.21

120.13

MRC Global Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	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															36.43	28.61	48.72	120.13	134.32

MRC Global 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.

MRC Global (FRA:37M) 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.

MRC Global Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of MRC Global's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

MRC Global (FRA:37M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MRC Global Inc (FRA:37M) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

MRC:USA

Address

1301 McKinney Street, Suite 2300, Houston, TX, USA, 77010

Website

https://www.mrcglobal.com

MRC Global Inc distributes pipes, valves, fittings, and related products and services to the energy industry. Products are often used in the construction, maintenance, repair, and overhaul of equipment used in extreme operating conditions. In these conditions and other environments, MRC's valve products give the customer the ability to control the direction, velocity, and pressure of fluids and gases within transmission networks. In addition, other products can be used to regulate flow and on/off service. MRC's other products, which include pipe, steel fitting, and tubular goods, are used across all of the industries in which the company operates. Specialized services are delivered alongside this array of products to enhance the client relationship.

MRC Global (FRA:37M) Headlines

No Headlines