EVN AG (EVN AG) Cash And Cash Equivalents : $81 Mil (As of Dec. 2023)

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What is EVN AG Cash And Cash Equivalents?

EVN AG's quarterly cash and cash equivalents declined from Jun. 2023 ($161.86 Mil) to Sep. 2023 ($74.92 Mil) but then increased from Sep. 2023 ($74.92 Mil) to Dec. 2023 ($81.24 Mil).

EVN AG's annual cash and cash equivalents increased from Sep. 2021 ($144.12 Mil) to Sep. 2022 ($289.11 Mil) but then declined from Sep. 2022 ($289.11 Mil) to Sep. 2023 ($74.92 Mil).

EVN AG Cash And Cash Equivalents Historical Data

The historical data trend for EVN AG's Cash And Cash Equivalents 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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EVN AG Cash And Cash Equivalents Chart

EVN AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash And Cash Equivalents

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271.59

252.77

144.12

289.11

74.92

EVN AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															168.54	134.48	161.86	74.92	81.24

EVN AG Cash And Cash Equivalents 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.

EVN AG (OTCPK:EVNVY) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

EVN AG Cash And Cash Equivalents Related Terms

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EVN AG (EVN AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » EVN AG (OTCPK:EVNVY) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

EVNv:UK 0EEI:UK EVN:Germany EVN:Austria

Address

EVN Platz, Maria Enzersdorf, AUT, A-2344

Website

https://www.evn.at

EVN AG is an Austrian-based utilities company that generates and distributes electricity and operates in natural gas, waste management, water supply, wastewater treatment and thermal waste utilization service. Evn operates in Austria, Bulgaria, North Macedonia, Croatia, Albania and Germany. The company's operations are divided into segments that include Energy, Generation, Networks, South East Europe, Environment and All Other Segments, out of which South East Europe generates maximum revenue. The company earns majority revenue from Austria.