Alternergy Holdings (PHS:ALTER) Cash And Cash Equivalents : ₱2,062.8 Mil (As of Mar. 2024)

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What is Alternergy Holdings Cash And Cash Equivalents?

Alternergy Holdings's quarterly cash and cash equivalents increased from Jun. 2023 (₱1,238.99 Mil) to Dec. 2023 (₱2,260.48 Mil) but then stayed the same from Dec. 2023 (₱2,260.48 Mil) to Mar. 2024 (₱2,062.79 Mil).

Alternergy Holdings's annual cash and cash equivalents increased from Dec. 2021 (₱152.98 Mil) to Jun. 2022 (₱581.60 Mil) and increased from Jun. 2022 (₱581.60 Mil) to Jun. 2023 (₱1,238.99 Mil).

Alternergy Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Alternergy Holdings'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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Alternergy Holdings Cash And Cash Equivalents Chart

Alternergy Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Jun22

Jun23

Cash And Cash Equivalents

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166.14

41.66

152.98

581.60

1,238.99

Alternergy Holdings Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Mar23	Jun23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial							803.67	1,450.02	1,238.99	2,260.48	2,062.79

Alternergy Holdings 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.

Alternergy Holdings (PHS:ALTER) 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.

Alternergy Holdings Cash And Cash Equivalents Related Terms

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Alternergy Holdings (PHS:ALTER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alternergy Holdings Corp (PHS:ALTER) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Paseo de Roxas corner Legazpi Street, Level 3B, 111 Paseo de Roxas Building, Legazpi Village, Makati, PHL, 1229

Website

https://www.alternergy.com

Alternergy Holdings Corp is a renewable energy holding company. The company's segments include Wind Energy; Hydro Energy; Solar Energy and Retail Energy Supplier (RES). It generates maximum revenue from the Solar Energy segment. The Solar Energy segment includes Generation and supply of solar power to various customers under power supply contracts.

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