Abu Dhabi Ports Co PJSC (ADX:ADPORTS) Cash, Cash Equivalents, Marketable Securities : د.إ1,674 Mil (As of Mar. 2024)

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What is Abu Dhabi Ports Co PJSC Cash, Cash Equivalents, Marketable Securities?

Abu Dhabi Ports Co PJSC's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 (د.إ1,949.37 Mil) to Dec. 2023 (د.إ3,354.72 Mil) but then stayed the same from Dec. 2023 (د.إ3,354.72 Mil) to Mar. 2024 (د.إ1,673.57 Mil).

Abu Dhabi Ports Co PJSC's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (د.إ1,051.27 Mil) to Dec. 2022 (د.إ790.82 Mil) but then increased from Dec. 2022 (د.إ790.82 Mil) to Dec. 2023 (د.إ3,354.72 Mil).

Abu Dhabi Ports Co PJSC Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Abu Dhabi Ports Co PJSC'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.

Abu Dhabi Ports Co PJSC Cash, Cash Equivalents, Marketable Securities Chart

Abu Dhabi Ports Co PJSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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1,088.78

271.41

1,051.27

790.82

3,354.72

Abu Dhabi Ports Co PJSC Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial											973.44	1,570.96	1,949.37	3,354.72	1,673.57

Abu Dhabi Ports Co PJSC 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.

Abu Dhabi Ports Co PJSC (ADX:ADPORTS) 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.

Abu Dhabi Ports Co PJSC Cash, Cash Equivalents, Marketable Securities Related Terms

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Abu Dhabi Ports Co PJSC (ADX:ADPORTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Abu Dhabi Ports Co PJSC (ADX:ADPORTS) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

Al Mina Street. Nearest Landmark: Zayed Port, Gate 1, Next to Zayed Port, P.O. Box 54477, Abu Dhabi, ARE, 54477

Website

https://www.adports.ae

Abu Dhabi Ports Co PJSC owns, operates, maintains, manages, and develops all ports, docks, harbors, quays, waterways, bridges, breakwaters, infrastructure, and related installations in the Emirate of Abu Dhabi. It also constructs, manages, and develops the industrial, commercial, and non-financial service-free zones on plots of land granted or allocated by the Government of Abu Dhabi. The company's segments include Ports; Economic Cities and Free Zones (EC&FZ); Logistics; Maritime; Digital and Corporate.

Abu Dhabi Ports Co PJSC (ADX:ADPORTS) Headlines

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