Li-Cycle Holdings (Li-Cycle Holdings) Cash, Cash Equivalents, Marketable Securities : $109.10 Mil (As of Mar. 2024)

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What is Li-Cycle Holdings Cash, Cash Equivalents, Marketable Securities?

Li-Cycle Holdings's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 ($137.40 Mil) to Dec. 2023 ($70.60 Mil) but then increased from Dec. 2023 ($70.60 Mil) to Mar. 2024 ($109.10 Mil).

Li-Cycle Holdings's annual cash, cash equivalents, marketable securities declined from Oct. 2021 ($596.90 Mil) to Oct. 2022 ($578.30 Mil) and declined from Oct. 2022 ($578.30 Mil) to Dec. 2023 ($70.60 Mil).

Li-Cycle Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Li-Cycle Holdings'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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Li-Cycle Holdings Cash, Cash Equivalents, Marketable Securities Chart

Li-Cycle Holdings Annual Data

Trend

Oct19

Oct20

Oct21

Oct22

Dec23

Cash, Cash Equivalents, Marketable Securities

0.66

596.90

578.30

70.60

Li-Cycle Holdings Quarterly Data
	Oct19	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial												409.20	288.80	137.40	70.60	109.10

Li-Cycle Holdings 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.

Li-Cycle Holdings (NYSE:LICY) 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.

Li-Cycle Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Li-Cycle Holdings (Li-Cycle Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Li-Cycle Holdings Corp (NYSE:LICY) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

207 Queen’s Quay West, Suite 590, Toronto, ON, CAN, M5J 1A7

Website

https://www.li-cycle.com

Li-Cycle Holdings Corp is a lithium-ion battery resource recovery and the leading lithium-ion battery recycler. Its proprietary "Spoke and Hub" recycling process is designed at its Spokes, to process battery manufacturing scrap and end-of-life batteries to produce "black mass" and other intermediate products, and at its Hubs, to process black mass to recover raw materials, including but not limited to lithium carbonate, cobalt sulphate and nickel sulphate.