Polska Grupa Energetyczna (WAR:PGE) Cash And Cash Equivalents : zł3,989 Mil (As of Dec. 2023)

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What is Polska Grupa Energetyczna Cash And Cash Equivalents?

Polska Grupa Energetyczna's quarterly cash and cash equivalents increased from Jun. 2023 (zł8,738.00 Mil) to Sep. 2023 (zł12,726.00 Mil) but then stayed the same from Sep. 2023 (zł12,726.00 Mil) to Dec. 2023 (zł3,989.00 Mil).

Polska Grupa Energetyczna's annual cash and cash equivalents increased from Dec. 2021 (zł5,976.00 Mil) to Dec. 2022 (zł10,798.00 Mil) but then declined from Dec. 2022 (zł10,798.00 Mil) to Dec. 2023 (zł3,989.00 Mil).

Polska Grupa Energetyczna Cash And Cash Equivalents Historical Data

The historical data trend for Polska Grupa Energetyczna'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.

Polska Grupa Energetyczna Cash And Cash Equivalents Chart

Polska Grupa Energetyczna Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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985.00

4,189.00

5,976.00

10,798.00

3,989.00

Polska Grupa Energetyczna 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															10,798.00	5,467.00	8,738.00	12,726.00	3,989.00

Polska Grupa Energetyczna 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.

Polska Grupa Energetyczna (WAR:PGE) 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.

Polska Grupa Energetyczna Cash And Cash Equivalents Related Terms

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Polska Grupa Energetyczna (WAR:PGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Polska Grupa Energetyczna SA (WAR:PGE) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

0MN3:UK 6PG:Germany

Address

Aleja Krasnicka 27, Warsaw, POL, 20-718

Website

http://www.gkpge.pl

Polska Grupa Energetyczna SA is a Polish electric utility company of which the Polish State Treasury is the majority shareholder. The vast majority of Polska Grupa's revenue comes, collectively, from its conventional generation business, which mines coal and controls power plant operations; its distribution business, which distributes electricity throughout Poland; and its supply business, which purchases and sells electricity and heat. Polska Grupa controls a portfolio of lignite, coal, gas, biomass, hydro, and wind power plants. most of the company's power production is derived from its lignite-fired and coal-fired facilities. Almost all of Polska Grupa's revenue comes from the Polish market, and it is one of the largest energy producers in the country.

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