Applied Energetics (Applied Energetics) Cash And Cash Equivalents : $1.32 Mil (As of Dec. 2023)

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What is Applied Energetics Cash And Cash Equivalents?

Applied Energetics's quarterly cash and cash equivalents declined from Jun. 2023 ($3.22 Mil) to Sep. 2023 ($2.42 Mil) but then stayed the same from Sep. 2023 ($2.42 Mil) to Dec. 2023 ($1.32 Mil).

Applied Energetics's annual cash and cash equivalents increased from Dec. 2021 ($3.66 Mil) to Dec. 2022 ($5.64 Mil) but then declined from Dec. 2022 ($5.64 Mil) to Dec. 2023 ($1.32 Mil).

Applied Energetics Cash And Cash Equivalents Historical Data

The historical data trend for Applied Energetics'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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Applied Energetics Cash And Cash Equivalents Chart

Applied Energetics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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0.09

3.32

3.66

5.64

1.32

Applied Energetics 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															5.64	4.33	3.22	2.42	1.32

Applied Energetics 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.

Applied Energetics (OTCPK:AERG) 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.

Applied Energetics Cash And Cash Equivalents Related Terms

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Applied Energetics (Applied Energetics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Applied Energetics Inc (OTCPK:AERG) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

9070 S. Rita Road, Suite 1500, Tucson, AZ, USA, 85747

Website

http://www.aergs.com

Applied Energetics Inc specializes in the development and manufacture of high-performance lasers, high-voltage electronics, optical systems, and integrated guided energy systems for prospective defense, national security, industrial, and scientific customers. The company pioneered and holds all crucial intellectual property rights to the development and use of Laser Guided Energy technology and related solutions for commercial, defense, and security applications, and is protected by patents and additional Government Sensitive Patent Applications GSPA. The company's GSPAs are held under the secrecy orders of the United States government and allows it greatly extended protection rights.

Executives

Bradford Thomas Adamczyk	director	16A HARSTON, 109 REPULSE BAY ROAD, REPULSE BAY K3 00000
Gregory James Quarles	director, officer: President and CEO	2480 W. RUTHRAUFF ROAD, SUITE 1400, TUSCAN AZ 85705
Christopher Wayne Donaghey	officer: CFO/COO	207 MCLEAN PL, SEVERNA PARK MD 21146
Schultz John E. Jr.	director	2480 W RUTHRAUFF ROAD, SUITE 140 Q, TUCSON AZ 85705
Mary Payton O'hara	director	C/O APPLIED ENERGETICS, INC., 9070 S. RITA ROAD, SUITE 1500, TUCSON AZ 85747
Jonathan Barcklow	director, officer: Vice President and Secretary	6412 BRANDON AVE #335, SPRINGFIELDS VA 22150
George P Farley	director, officer: CEO	C/O ICAD, INC., 98 SPIT BROOK ROAD, SUITE 100, NASHUA NH 03062
Joseph Hayden	10 percent owner, officer: Vice Pres Business Development	C/O APPLIED ENERGETICS, INC., 3716 E. COLUMBIA ST., STE 120, TUCSON AZ 85714
Humberto Astorga	officer: Controller	C/O APPLIED ENERGETICS, INC., 3590 EAST COLUMBIA STREET, TUCSON AZ 85714
Eric Lau	officer: COO and VP of Engineering	C/O APPLIED ENERGETICS, INC., 3590 EAST COLUMBIA STREET, TUCSON AZ 85714
John F Levy	director	C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Mark Lister	director	C/O APPLIED ENERGETICS, INC., 3590 EAST COLUMBIA STREET, TUCSON AZ 85714
James M Feigley	director	C/O APPLIED ENERGETICS, INC., 3590 EAST COLUMBIA STREET, TUCSON AZ 85714
Dana A Marshall	director, officer: President and CEO	C/O APPLIED ENERGETICS, INC., 3716 EAST COLUMBIA ST., SUITE 120, TUCSON AZ 85714
Kenneth M Wallace	officer: Chief Financial Officer	C/O APPLIED ENERGETICS, INC., 3716 E. COLUMBIA ST., STE 120, TUCSON AZ 85714