Cenergy Holdings (XBRU:CENER) Cash And Cash Equivalents : €183.40 Mil (As of Dec. 2023)

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What is Cenergy Holdings Cash And Cash Equivalents?

Cenergy Holdings's quarterly cash and cash equivalents declined from Jun. 2023 (€212.84 Mil) to Sep. 2023 (€0.00 Mil) but then increased from Sep. 2023 (€0.00 Mil) to Dec. 2023 (€183.40 Mil).

Cenergy Holdings's annual cash and cash equivalents increased from Dec. 2021 (€129.61 Mil) to Dec. 2022 (€167.16 Mil) and increased from Dec. 2022 (€167.16 Mil) to Dec. 2023 (€183.40 Mil).

Cenergy Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Cenergy 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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Cenergy Holdings Cash And Cash Equivalents Chart

Cenergy Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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90.41

81.04

129.61

167.16

183.40

Cenergy Holdings Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	167.16	212.84	-	183.40

Cenergy 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.

Cenergy Holdings (XBRU:CENER) 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.

Cenergy Holdings Cash And Cash Equivalents Related Terms

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Cenergy Holdings (XBRU:CENER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cenergy Holdings SA (XBRU:CENER) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

CENER:Greece 9CN:Germany

Address

30 Marnix Avenue, Brussels, BEL, 1000

Website

https://www.cenergyholdings.com

Cenergy Holdings SA is engaged in the production, distribution, and trading of cables for power transmission, distribution & renewables, oil and gas transportation and drilling, telecom, and data transmission and construction and industrial markets, and steel pipes. The company is divided into two segments namely Cables and Steel Pipes. The Cables segment manufactures power, telecommunication, and submarine cables, as well as enameled wires and compounds. The Steel Pipes segment produces steel pipes for the transportation of natural gas, oil, and water networks, as well as steel hollow sections that are used in construction projects. Geographically, the majority is from America.

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