Bonal International (Bonal International) Cash, Cash Equivalents, Marketable Securities : $0.71 Mil (As of Mar. 2023)

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What is Bonal International Cash, Cash Equivalents, Marketable Securities?

Bonal International's quarterly cash, cash equivalents, marketable securities increased from Mar. 2021 ($0.00 Mil) to Mar. 2022 ($1.06 Mil) but then stayed the same from Mar. 2022 ($1.06 Mil) to Mar. 2023 ($0.71 Mil).

Bonal International's annual cash, cash equivalents, marketable securities increased from Mar. 2021 ($0.00 Mil) to Mar. 2022 ($1.06 Mil) but then declined from Mar. 2022 ($1.06 Mil) to Mar. 2023 ($0.71 Mil).

Bonal International Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Bonal International'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.

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Bonal International Cash, Cash Equivalents, Marketable Securities Chart

Bonal International Annual Data

Trend

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

1.06

0.71

Bonal International Semi-Annual Data
	Mar21	Mar22	Mar23
Cash, Cash Equivalents, Marketable Securities	-	1.06	0.71

Bonal International 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.

Bonal International (OTCPK:BONL) 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.

Bonal International Cash, Cash Equivalents, Marketable Securities Related Terms

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Bonal International (Bonal International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bonal International Inc (OTCPK:BONL) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

1300 North Campbell Road, Royal Oak, MI, USA, 48067

Website

http://www.bonal.com

Bonal International Inc provides sub-harmonic vibratory technology for metal improvement solutions. The company offers stress relief equipment, pulse puddle arc welding equipment, and distortion controller equipment in the United States. It also provides consulting, training, program design, and mental stress relief services. The company serves automotive, aerospace, mining, petroleum, shipbuilding, welding, machine tools, plastic molding, racing, engine building, armament, and die-casting industries. Geographically operates through the region of the United States.

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