ALRCF (Alerion CleanPower) Cash And Cash Equivalents : $323.5 Mil (As of Jun. 2024)

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What is Alerion CleanPower Cash And Cash Equivalents?

Alerion CleanPower's quarterly cash and cash equivalents increased from Jun. 2023 ($256.21 Mil) to Dec. 2023 ($374.22 Mil) but then stayed the same from Dec. 2023 ($374.22 Mil) to Jun. 2024 ($323.51 Mil).

Alerion CleanPower's annual cash and cash equivalents increased from Dec. 2021 ($139.72 Mil) to Dec. 2022 ($240.05 Mil) and increased from Dec. 2022 ($240.05 Mil) to Dec. 2023 ($374.22 Mil).

Alerion CleanPower Cash And Cash Equivalents Historical Data

The historical data trend for Alerion CleanPower'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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Alerion CleanPower Cash And Cash Equivalents Chart

Alerion CleanPower Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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264.83

179.69

139.72

240.05

374.22

Alerion CleanPower Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash And Cash Equivalents	Get a 7-Day Free Trial															313.46	240.05	256.21	374.22	323.51

Alerion CleanPower 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.

Alerion CleanPower (OTCPK:ALRCF) 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.

Alerion CleanPower Cash And Cash Equivalents Related Terms

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Alerion CleanPower Business Description

Industry

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ARN:Italy 0P3O:UK

Address

Viale L. Majno 17, Milano, ITA, 20122

Website

http://www.alerion.it

Alerion CleanPower engages in the production of electricity through wind power. The company core business is in the production of electrical energy from renewable sources, through a portfolio of diversified plants in the solar, biomass and wind sectors. The company operates wind farms in Krupen, Bulgary and Agrigento, Licodia, Callari, Ordona, Lacedonia, Ciorlano, Albanella, Castel di Lucio, San Martino in Pensilis, and San Marco in Lamis in Italy.