Inpex (IPXHY) Cash And Cash Equivalents : $1,517 Mil (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Inpex Cash And Cash Equivalents?

Inpex's quarterly cash and cash equivalents declined from Sep. 2023 ($1,203.92 Mil) to Dec. 2023 ($1,175.44 Mil) but then increased from Dec. 2023 ($1,175.44 Mil) to Mar. 2024 ($1,517.26 Mil).

Inpex's annual cash and cash equivalents declined from Dec. 2021 ($1,772.47 Mil) to Dec. 2022 ($1,688.69 Mil) and declined from Dec. 2022 ($1,688.69 Mil) to Dec. 2023 ($1,175.44 Mil).

Inpex Cash And Cash Equivalents Historical Data

The historical data trend for Inpex'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.

Inpex Cash And Cash Equivalents Chart

Inpex Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

2,156.43

1,762.88

1,772.47

1,688.69

1,175.44

Inpex Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,478.11	1,204.43	1,203.92	1,175.44	1,517.26

Inpex 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.

Inpex (OTCPK:IPXHY) 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.

Inpex Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Inpex's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Inpex (IPXHY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Inpex Corp (OTCPK:IPXHY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

IPXHF:USA 1605:Japan I8U:Germany

Address

Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo, JPN, 107-6332

Website

http://www.inpex.co.jp

Inpex Corp engages in research, exploration, development, production, and sale of oil, natural gas, and other mineral resources. The company is engaged in a multitude of projects spanning the globe. Exploration services are carried through terrestrial geological surveys and geophysical surveys conducted through satellite images and seismic waves. Exploration wells are used to confirm the presence of hydrocarbon products; appraisal follows shortly after. In addition to utilizing production wells, Inpex has gas processing facilities and a transport pipeline for production and shipping. The company also conducts refining/treatment to create products from the oil and natural gas. Marketing and sales are an additional function of the activities performed at Inpex.

Inpex (IPXHY) Headlines

From GuruFocus

Inpex Corp Could Trade Higher as Oil Prices Rise

By Alberto Abaterusso • 12-28-2021