Snam SpA (MIL:SRG) Beginning Cash Position : €144 Mil (As of Dec. 2023)

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What is Snam SpA Beginning Cash Position?

Snam SpA's Beginning Cash Position for the quarter that ended in Dec. 2023 was €144 Mil.

Snam SpA's quarterly Beginning Cash Position declined from Jun. 2023 (€-112 Mil) to Sep. 2023 (€-177 Mil) but then increased from Sep. 2023 (€-177 Mil) to Dec. 2023 (€144 Mil).

Snam SpA's annual Beginning Cash Position declined from Dec. 2021 (€3,044 Mil) to Dec. 2022 (€1,337 Mil) and declined from Dec. 2022 (€1,337 Mil) to Dec. 2023 (€135 Mil).

Snam SpA Beginning Cash Position Historical Data

The historical data trend for Snam SpA's Beginning Cash Position 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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Snam SpA Beginning Cash Position Chart

Snam SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Beginning Cash Position

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1,872.00

2,851.00

3,044.00

1,337.00

135.00

Snam SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Beginning Cash Position	Get a 7-Day Free Trial															1,220.00	-112.00	-177.00	144.00	-172.00

Snam SpA Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

Snam SpA Beginning Cash Position Related Terms

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Snam SpA (MIL:SRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Snam SpA (MIL:SRG) » Definitions » Beginning Cash Position

Comparable Companies

Traded in Other Exchanges

SNMRY:USA SRGm:UK 0NQP:UK SNM:Germany SRG:Austria

Address

Piazza Santa Barbara, 7, San Donato Milanese, Milan, ITA, 20097

Website

https://www.snam.it

Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17.1% of European gas storage capacity and 6.5 billion cubic meters of LNG regasification capacity. Snam is investing in hydrogen, biofuels, carbon capture and storage, and energy efficiencies to prepare for the energy transition. Snam became independent from Eni in 2012 after the latter sold its stake to Cassa Depositi e Prestiti, a financial institution controlled by the Ministry of Economy and Finance.