Enviva (STU:XV6) Cash And Cash Equivalents : €295 Mil (As of Sep. 2023)

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What is Enviva Cash And Cash Equivalents?

Enviva's quarterly cash and cash equivalents declined from Mar. 2023 (€4.93 Mil) to Jun. 2023 (€2.16 Mil) but then increased from Jun. 2023 (€2.16 Mil) to Sep. 2023 (€295.34 Mil).

Enviva's annual cash and cash equivalents declined from Dec. 2020 (€54.35 Mil) to Dec. 2021 (€14.87 Mil) and declined from Dec. 2021 (€14.87 Mil) to Dec. 2022 (€3.23 Mil).

Enviva Cash And Cash Equivalents Historical Data

The historical data trend for Enviva'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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Enviva Cash And Cash Equivalents Chart

Enviva Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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2.16

8.15

54.35

14.87

3.23

Enviva Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															8.56	3.23	4.93	2.16	295.34

Enviva 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.

Enviva (STU:XV6) 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.

Enviva Cash And Cash Equivalents Related Terms

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Enviva (STU:XV6) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Enviva Inc (STU:XV6) » Definitions » Cash And Cash Equivalents

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EVA:USA

Address

7272 Wisconsin Avenue, Suite 1800, Bethesda, MD, USA, 20814

Website

https://www.envivabiomass.com

Enviva Inc develop, construct, acquire, and own and operate, fully contracted wood pellet production plants where the company aggregate a natural resource, wood fiber, and process it into dry, densified, uniform pellets that can be effectively stored and transported around the world. The company sells term, take-or-pay off-take contracts with creditworthy customers in the United Kingdom, the European Union, and Japan, who use pellets to displace coal and other fossil fuels to generate power and heat as part of their efforts to accelerate the energy transition away from conventional energy sources. The company derive a majority of revenues from customers in Europe.

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