GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Fortum Oyj (OTCPK:FOJCY) » Definitions » Cash And Cash Equivalents

FOJCY (Fortum Oyj) Cash And Cash Equivalents : $4,723 Mil (As of Sep. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Fortum Oyj Cash And Cash Equivalents?

Fortum Oyj's quarterly cash and cash equivalents declined from Mar. 2024 ($5,298.91 Mil) to Jun. 2024 ($4,368.14 Mil) but then increased from Jun. 2024 ($4,368.14 Mil) to Sep. 2024 ($4,722.53 Mil).

Fortum Oyj's annual cash and cash equivalents declined from Dec. 2021 ($8,578.53 Mil) to Dec. 2022 ($3,994.70 Mil) but then increased from Dec. 2022 ($3,994.70 Mil) to Dec. 2023 ($4,561.61 Mil).


Fortum Oyj Cash And Cash Equivalents Historical Data

The historical data trend for Fortum Oyj'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.

* Premium members only.

Fortum Oyj Cash And Cash Equivalents Chart

Fortum Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,592.22 2,807.79 8,578.53 3,994.70 4,561.61

Fortum Oyj Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,858.06 4,561.61 5,298.91 4,368.14 4,722.53

Fortum Oyj 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.


Fortum Oyj  (OTCPK:FOJCY) 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.


Fortum Oyj Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Fortum Oyj's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortum Oyj Business Description

Address
Keilalahdentie 2-4, CD Building, P.O. Box 100, Espoo, FIN, 02150
Fortum Oyj is a Finnish energy company that operates power plants, which use renewable energy sources (hydro, nuclear, and solar power) to sell electricity, heat, cooling, and power products and services. The company mainly operates in Nordic and Baltic countries, Russia, Poland, and India. Its main divisions of the company are generation (large-scale power production), city solutions (sustainable energy solutions), Russia (all Russian operations), technology and new ventures (research and development and in-house incubator for startups), mergers and acquisitions, and solar and wind development. The company's operating segments are Generation, Consumer Solutions, and Other Operations.

Fortum Oyj Headlines

From GuruFocus

Q4 2020 Fortum Oyj Earnings Call Transcript

By GuruFocus Research 02-13-2024

Fortum Oyj's Dividend Analysis

By GuruFocus Research 03-25-2024

Fortum Oyj Annual Shareholders Meeting Transcript

By GuruFocus Research 03-26-2024

Q4 2019 Fortum Oyj Earnings Call Transcript

By GuruFocus Research 02-13-2024

Q1 2021 Fortum Oyj Earnings Call Transcript

By GuruFocus Research 02-13-2024

Uniper SE Stabilization Package Call Transcript

By GuruFocus Research 02-13-2024

Q2 2022 Fortum Oyj Earnings Call Transcript

By GuruFocus Research 02-13-2024

Fortum Oyj Annual Shareholders Meeting Transcript

By GuruFocus Research 02-13-2024