NEXON Co (NEXON Co) Cash, Cash Equivalents, Marketable Securities : $1,920 Mil (As of Mar. 2024)

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What is NEXON Co Cash, Cash Equivalents, Marketable Securities?

NEXON Co's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 ($1,921.25 Mil) to Dec. 2023 ($2,237.07 Mil) but then stayed the same from Dec. 2023 ($2,237.07 Mil) to Mar. 2024 ($1,920.28 Mil).

NEXON Co's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($3,464.54 Mil) to Dec. 2022 ($3,205.33 Mil) and declined from Dec. 2022 ($3,205.33 Mil) to Dec. 2023 ($2,237.07 Mil).

NEXON Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for NEXON Co'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.

NEXON Co Cash, Cash Equivalents, Marketable Securities Chart

NEXON Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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2,401.94

2,696.78

3,464.54

3,205.33

2,237.07

NEXON Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	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															2,361.16	2,060.23	1,921.25	2,237.07	1,920.28

NEXON Co 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.

NEXON Co (OTCPK:NEXOY) 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.

NEXON Co Cash, Cash Equivalents, Marketable Securities Related Terms

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NEXON Co (NEXON Co) Business Description

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Traded in Other Exchanges

NEXOF:USA 3659:Japan 7NX:Germany

Address

1-4-5 Roppongi, Minato-ku, Tokyo, JPN, 106-0032

Website

http://www.nexon.co.jp

NEXON Co Ltd provides engaging, high quality, geographically unique games to international users through the development and service of PC online and mobile games. The company's major PC online titles include MapleStory and Dungeon&Fighter and their mobile games include HIT and DomiNations. The games are in approximately 200 countries including China, Korea, Japan, North America, and Europe. The PC segment is responsible for a majority of revenue, while the Mobile segment accounts for a smaller portion. Geographically, over half of the company's revenue is derived from China, roughly one quarter is derived from Korea, and the remainder is derived from Japan, North America, and Europe & Others.