Sunda Energy (AQSE:BOIL.GB) Cash And Cash Equivalents : £4.55 Mil (As of Jun. 2024)

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What is Sunda Energy Cash And Cash Equivalents?

Sunda Energy's quarterly cash and cash equivalents declined from Jun. 2023 (£4.62 Mil) to Dec. 2023 (£3.76 Mil) but then increased from Dec. 2023 (£3.76 Mil) to Jun. 2024 (£4.55 Mil).

Sunda Energy's annual cash and cash equivalents increased from Dec. 2021 (£1.65 Mil) to Dec. 2022 (£5.81 Mil) but then declined from Dec. 2022 (£5.81 Mil) to Dec. 2023 (£3.76 Mil).

Sunda Energy Cash And Cash Equivalents Historical Data

The historical data trend for Sunda Energy'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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Sunda Energy Cash And Cash Equivalents Chart

Sunda Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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0.35

1.19

1.65

5.81

3.76

Sunda Energy 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															2.37	5.81	4.62	3.76	4.55

Sunda Energy 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.

Sunda Energy (AQSE:BOIL.GB) 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.

Sunda Energy Cash And Cash Equivalents Related Terms

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Sunda Energy Business Description

Industry

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Traded in Other Exchanges

SNDA:UK GHA:Germany

Address

2 Leman Street, London, GBR, E1W 9US

Website

https://sundaenergy.com

Sunda Energy PLC is an UK Based independent oil and gas exploration and production company. The company is engaged in the exploration, development, and production of oil and gas reserves, and other related activities. The company operates an offshore Production Sharing Contract in the Democratic Republic of Timor-Leste and seeks to acquire projects in the energy sector in SE Asia.

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