EZZ Steel CoE (LSE:67NW) Beginning Cash Position: £305.06 Mil (As of Jun. 2024)

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What is EZZ Steel CoE Beginning Cash Position?

EZZ Steel CoE LSE:67NW 4 Beginning Cash Position is £305.06 Mil as of Jun. 2024. GuruFocus rates LSE:67NW with a GF Score™ of 4/100. The stock has 7 warning signs investors should review.

EZZ Steel CoE's Beginning Cash Position for the quarter that ended in Jun. 2024 was £305.06 Mil.

EZZ Steel CoE's quarterly Beginning Cash Position declined from Dec. 2023 (£521.92 Mil) to Mar. 2024 (£411.83 Mil) and declined from Mar. 2024 (£411.83 Mil) to Jun. 2024 (£305.06 Mil).

EZZ Steel CoE's annual Beginning Cash Position increased from Dec. 2021 (£92.26 Mil) to Dec. 2022 (£102.60 Mil) and increased from Dec. 2022 (£102.60 Mil) to Dec. 2023 (£294.26 Mil).

EZZ Steel CoE Beginning Cash Position Related Terms

EZZ Steel CoE Beginning Cash Position Historical Data

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The historical data trend for EZZ Steel CoE's Beginning Cash Position 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.

EZZ Steel CoE Beginning Cash Position Chart

EZZ Steel CoE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.88 74.29 92.26 102.60 294.26

EZZ Steel CoE Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 349.30 343.35 521.92 411.83 305.06

EZZ Steel CoE Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of £305.06 Mil mean?
EZZ Steel CoE (LSE:67NW) has a Beginning Cash Position of £305.06 Mil as of Jun. 2024. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on EZZ Steel CoE and its competitors.
Is EZZ Steel CoE's Beginning Cash Position too high?
EZZ Steel CoE's current Beginning Cash Position is £305.06 Mil. Overall, EZZ Steel CoE has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does EZZ Steel CoE's Beginning Cash Position compare to NUE and STLD?
EZZ Steel CoE's Beginning Cash Position of £305.06 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Steel company?
A good Beginning Cash Position depends on the Steel industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on EZZ Steel CoE and its competitors. EZZ Steel CoE's current Beginning Cash Position is £305.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EZZ Steel CoE stock overvalued right now?
EZZ Steel CoE (LSE:67NW) has a current Beginning Cash Position of £305.06 Mil. The current Beginning Cash Position is £305.06 Mil. EZZ Steel CoE's overall GF Score™ is 4/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For EZZ Steel CoE (LSE:67NW), the current Beginning Cash Position is £305.06 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

EZZ Steel CoE Business Description

Address Cornich El-Nil, Four Seasons Nile Plaza, The Corporate Building, Garden City, Cairo, EGY, 1089
EZZ Steel Co SAE is an Egypt-based company that manufactures and distributes long and flat steel products. The company's long products, including rebar and wire rod, are employed in applications including concrete reinforcement bars, nails, bolts, tacks, welding tools, electrical components, wire mesh, and others. The company's flat products are applied in automotive components, suspension parts, wheels, containers, gas cylinders, and others.