Public Power (FRA:PU8) Cash, Cash Equivalents, Marketable Securities : €2,600 Mil (As of Dec. 2023)

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What is Public Power Cash, Cash Equivalents, Marketable Securities?

Public Power's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (€3,159.48 Mil) to Jun. 2023 (€2,431.73 Mil) but then increased from Jun. 2023 (€2,431.73 Mil) to Dec. 2023 (€2,599.80 Mil).

Public Power's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (€2,832.35 Mil) to Dec. 2022 (€3,159.48 Mil) but then declined from Dec. 2022 (€3,159.48 Mil) to Dec. 2023 (€2,599.80 Mil).

Public Power Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Public Power's Cash, Cash Equivalents, Marketable Securities 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.

Public Power Cash, Cash Equivalents, Marketable Securities Chart

Public Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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286.92

815.64

2,832.35

3,159.48

2,599.80

Public Power Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															2,832.35	2,196.99	3,159.48	2,431.73	2,599.80

Public Power Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Public Power (FRA:PU8) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Public Power Cash, Cash Equivalents, Marketable Securities Related Terms

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Public Power (FRA:PU8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Public Power Corp SA (FRA:PU8) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

PPC:Greece

Address

30, Chalkokondyli Street, Athens, GRC, 104 32

Website

https://www.dei.gr

Public Power Corp SA, or PPC, is a public electric utility company of which the Hellenic Republic is the majority shareholder. PPC is engaged in the generation, transmission, and distribution of electric energy. With its subsidiaries, the company operates a portfolio of natural gas, coal, hydroelectric, wind, and solar power plants. PPC's thermal energy generating facilities are responsible for the majority of the company's electricity production. The company generates the vast majority of its revenue from energy sales. These mostly take the form of sales of low-voltage electricity to residential and small commercial consumers. PPC retains a considerable market share in Europe's Interconnected System electric grid.

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