Pacific Gas & Electric Co (Pacific Gas & Electric Co) Cash And Cash Equivalents : $658.00 Mil (As of Mar. 2024)

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What is Pacific Gas & Electric Co Cash And Cash Equivalents?

Pacific Gas & Electric Co's quarterly cash and cash equivalents increased from Sep. 2023 ($265.00 Mil) to Dec. 2023 ($442.00 Mil) and increased from Dec. 2023 ($442.00 Mil) to Mar. 2024 ($658.00 Mil).

Pacific Gas & Electric Co's annual cash and cash equivalents increased from Dec. 2021 ($165.00 Mil) to Dec. 2022 ($609.00 Mil) but then declined from Dec. 2022 ($609.00 Mil) to Dec. 2023 ($442.00 Mil).

Pacific Gas & Electric Co Cash And Cash Equivalents Historical Data

The historical data trend for Pacific Gas & Electric Co'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.

Pacific Gas & Electric Co Cash And Cash Equivalents Chart

Pacific Gas & Electric Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1,570.00

484.00

165.00

609.00

442.00

Pacific Gas & Electric Co 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															1,028.00	545.00	265.00	442.00	658.00

Pacific Gas & Electric Co 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.

Pacific Gas & Electric Co (AMEX:PCG.PRA.PFD) 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.

Pacific Gas & Electric Co Cash And Cash Equivalents Related Terms

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Pacific Gas & Electric Co (Pacific Gas & Electric Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Pacific Gas & Electric Co (AMEX:PCG.PRA.PFD) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

PCG.PRI.PFD:USA PCG.PRH.PFD:USA PCG.PRG.PFD:USA PCGpE.PFD:USA PCGpD.PFD:USA PCG.PRC.PFD:USA PCG.PRB.PFD:USA

Address

77 Beale Street, P.O. Box 770000, San Francisco, CA, USA, 94177

Website

http://www.pge.com

Pacific Gas & Electric Co is a vertically integrated electricity and natural gas utility. It operates in northern and central California and are engaged in the businesses of electricity and natural gas distribution.

Executives

Edward G Cannizzaro	director	5130 HACIENDA DRIVE, DUBLIN CA 94568
Stephanie N Williams	officer: VP, CFO, and Controller	77 BEALE STREET, PO BOX 77000, SAN FRANCISCO CA 94177
Carlos M Hernandez	director
Newtyn Management, Llc	10 percent owner	60 EAST 42ND STREET, 9TH FLOOR, NEW YORK NY 10165
Sumeet Singh	officer: EVP/CRO & Chf Safety Ofc	77 BEALE STREET, PO BOX 770000, SAN FRANCISCO CA 94177
Julius Cox	officer: EVP/Ppl, Shrd Svcs & Spply Chn	77 BEALE STREET, POB 770000, SAN FRANCISCO CA 94177
Jason M Glickman	officer: EVP, Engrg, Plng and Strat	77 BEALE STREET, PO BOX 770000, SAN FRANCISCO CA 94177
Marlene Santos	officer: EVP and Chief Customer Officer	77 BEALE STREET, P.O. BOX 770000, SAN FRANCISCO CA 94117
Adam L Wright	director, officer: EVP, Operations and COO	77 BEALE STREET, P.O. BOX 770000, SAN FRANCISCO CA 94177
Patricia K Poppe	director	77 BEALE STREET, POB 770000, SAN FRANCISCO CA 94177
Jessica Denecour	director	C/O MOBILEIRON, INC., 415 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Robert C Flexon	director	1313 N MARKET ST, WILMINGTON DE 19894
Michael R Niggli	director	101 ASH STREET HQ18, SAN DIEGO CA 92101
Dean Seavers	director	70 SUFFOLK ROAD, CHESTNUT HILL MA 02467
Oluwadara Johnson Treseder	director	C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025

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