Capital Power (TSX:CPX.PR.I.PFD) Cash And Cash Equivalents : C$1,406.00 Mil (As of Dec. 2023)

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What is Capital Power Cash And Cash Equivalents?

Capital Power's quarterly cash and cash equivalents increased from Jun. 2023 (C$103.00 Mil) to Sep. 2023 (C$399.00 Mil) and increased from Sep. 2023 (C$399.00 Mil) to Dec. 2023 (C$1,406.00 Mil).

Capital Power's annual cash and cash equivalents declined from Dec. 2021 (C$370.00 Mil) to Dec. 2022 (C$290.00 Mil) but then increased from Dec. 2022 (C$290.00 Mil) to Dec. 2023 (C$1,406.00 Mil).

Capital Power Cash And Cash Equivalents Historical Data

The historical data trend for Capital Power'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.

Capital Power Cash And Cash Equivalents Chart

Capital Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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226.00

343.00

370.00

290.00

1,406.00

Capital Power 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															290.00	245.00	103.00	399.00	1,406.00

Capital Power 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.

Capital Power (TSX:CPX.PR.I.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.

Capital Power Cash And Cash Equivalents Related Terms

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Capital Power (TSX:CPX.PR.I.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Capital Power Corp (TSX:CPX.PR.I.PFD) » Definitions » Cash And Cash Equivalents

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Address

10423 - 101 Street NW, Suite 1200, Edmonton, AB, CAN, T5H 0E9

Website

https://www.capitalpower.com

Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S. Capital Power's natural gas and coal facilities, specifically its Genesee and Shepard sites, account for most of its electric capacity and cash flow production. The company generates the vast majority of its revenue from sales of electricity and natural gas. Its customers include a variety of industrial and commercial consumers, independent transmission system operators, and government-owned entities.

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