Ceres Power Holdings (Ceres Power Holdings) Cash And Cash Equivalents : $62.92 Mil (As of Dec. 2023)

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What is Ceres Power Holdings Cash And Cash Equivalents?

Ceres Power Holdings's quarterly cash and cash equivalents declined from Dec. 2022 ($87.44 Mil) to Jun. 2023 ($55.74 Mil) but then increased from Jun. 2023 ($55.74 Mil) to Dec. 2023 ($62.92 Mil).

Ceres Power Holdings's annual cash and cash equivalents declined from Dec. 2021 ($201.40 Mil) to Dec. 2022 ($87.44 Mil) and declined from Dec. 2022 ($87.44 Mil) to Dec. 2023 ($62.92 Mil).

Ceres Power Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Ceres Power 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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Ceres Power Holdings Cash And Cash Equivalents Chart

Ceres Power Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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9.59

44.29

201.40

87.44

62.92

Ceres Power Holdings Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															201.40	132.33	87.44	55.74	62.92

Ceres Power 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.

Ceres Power Holdings (OTCPK:CPWHF) 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.

Ceres Power Holdings Cash And Cash Equivalents Related Terms

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Ceres Power Holdings (Ceres Power Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ceres Power Holdings PLC (OTCPK:CPWHF) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

CRPHY:USA CWRl:UK CWR.GB:UK CWR:UK CFJA:Germany

Address

Foundry Lane, Viking House, Horsham, West Sussex, GBR, RH13 5PX

Website

https://www.cerespower.com

Ceres Power Holdings PLC is a UK- based technology solutions provider. It is one of the developers of fuel cell technology, which enables the production of clean & low-cost energy. Its SteelCell technology uses the existing infrastructure of mains natural gas & is manufactured using commodity materials, such as steel. It mainly caters to the automotive industry. Among its other markets are transportation, commercial, & light industrial sectors. The group established a leading technology position in solid oxide fuel cell (SOFC) power systems & develop solid oxide electrolysis (SOEC) to demonstrate it at a megawatt scale. The Group has identified two reporting segments, Power (SOFC) & Hydrogen (SOEC), the majority is from the Power (SOFC) segment. Geographically, the majority is from Asia.

Ceres Power Holdings (Ceres Power Holdings) Headlines

From GuruFocus

Ceres Power Holdings plc: Bosch Collaboration With Ceres Progresses To Mass Production Of SOFC Systems, With An Initial 200mw Capacity In 2024

By PRNewswire PRNewswire • 12-07-2020

Weichai Power's Strategic Equity Investment in Ceres Power Receives Final Chinese Approval

By PRNewswire PRNewswire • 06-25-2018

Ceres' green hydrogen programme hits key milestone

By Business Wire • 11-07-2023

Ceres Signs First Hydrogen Licence With Delta

By Business Wire • 01-18-2024