Genie Energy (Genie Energy) Change In Working Capital : $-16.4 Mil (TTM As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Genie Energy Change In Working Capital?

Genie Energy's change in working capital for the quarter that ended in Dec. 2023 was $-6.2 Mil.

Genie Energy's change in working capital for the fiscal year that ended in Dec. 2023 was $-16.4 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).

Genie Energy Change In Working Capital Historical Data

The historical data trend for Genie Energy's Change In Working Capital 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.

Genie Energy Change In Working Capital Chart

Genie Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

Get a 7-Day Free Trial

0.29

-4.92

2.41

1.75

-16.36

Genie Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Working Capital	Get a 7-Day Free Trial															6.42	-11.28	-10.72	11.85	-6.21

Genie Energy Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-16.4 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows	Fiscal Years Ended	January 31,	(Amounts in millions)
Cash flows from operating activities:	2014	2013	2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net	(566)	(614)	(796)
Inventories	(1,667)	(2,759)	(3,727)
Accounts payable	531	1,061	2,687
Accrued liabilities	103	271	(935)
Accrued income taxes	(1,224)	981	994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

Genie Energy Change In Working Capital Related Terms

Thank you for viewing the detailed overview of Genie Energy's Change In Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.

Genie Energy (Genie Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Genie Energy Ltd (NYSE:GNE) » Definitions » Change In Working Capital

Comparable Companies

VIA SUME HE MGEE NEE SO DUK LSE:NG. PCG AEP EXC D XEL ED PEG BOM:532555 WEC EIX BOM:532898 FE

Traded in Other Exchanges

6GE:Germany 6GE:Germany

Address

520 Broad Street, Newark, NJ, USA, 07102

Website

https://www.genie.com

Genie Energy, through its subsidiaries, operates primarily as a global retail energy provider. It operates two reportable business segments: Genie retail energy, or GRE, and Genie renewables. The Genie retail energy segment resells energy to residential and commercial consumers in the Eastern and Midwestern United States through its portfolio of various retail energy providers. The Genie renewables segment holds controlling interests in various companies engaged in the manufacturing of solar panels, solar installation design, and solar energy project management.

Executives

Alan B Rosenthal	director	C/O GENIE ENERGY LTD., 520 BROAD STREET, NEWARK NJ 07102
Joyce J Mason	director	IDT CORP, 520 BROAD STREET, NEWARK NJ 07102
Avi Goldin	officer: CFO and Treasurer	C/O GENIE ENERGY LTD., 520 BROAD STREET, NEWARK NJ 07102
James A Courter	director	IDT CORP, 520 BROAD STREET, NEWARK NJ 07102
Howard S Jonas	director, 10 percent owner, officer: Chairman of the Board
Michael C Jonas	officer: Executive Vice President	C/O GENIE ENERGY LTD., 550 BROAD STREET, NEWARK NJ 07102
Michael M Stein	officer: Executive Vice President	550 BROAD STREET, 17TH FLOOR, NEWARK NJ 07102
Irwin Katsof	director	C/O CTM MEDIA HOLDINGS, INC., 11 LARGO DRIVE SOUTH, STAMFORD CT 06907
Claude Pupkin	officer: CEO & President	IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Ira A Greenstein	officer: President	IDT CORP, 520 BROAD STREET, NEWARK NJ 07102
Idt Corp	10 percent owner	520 BROAD STREET, NEWARK NJ 07102
William Wesley Perry	director
Allan Sass	director	C/O GENIE ENERGY LTD., 520 BROAD STREET, NEWARK NJ 07102
Geoffrey Rochwarger	officer: Vice Chairman	IDT CORP, 520 BROAD STREET, NEWARK NJ 07102