NOVATEK PJSC (FRA:N1O) Cash And Cash Equivalents : €1,989 Mil (As of Jun. 2023)

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What is NOVATEK PJSC Cash And Cash Equivalents?

NOVATEK PJSC's quarterly cash and cash equivalents declined from Sep. 2021 (€1,005.13 Mil) to Dec. 2021 (€549.66 Mil) but then increased from Dec. 2021 (€549.66 Mil) to Jun. 2023 (€1,988.56 Mil).

NOVATEK PJSC's annual cash and cash equivalents declined from Dec. 2020 (€1,320.40 Mil) to Dec. 2021 (€549.66 Mil) but then increased from Dec. 2021 (€549.66 Mil) to Dec. 2023 (€1,602.30 Mil).

NOVATEK PJSC Cash And Cash Equivalents Historical Data

The historical data trend for NOVATEK PJSC'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.

NOVATEK PJSC Cash And Cash Equivalents Chart

NOVATEK PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec23

Cash And Cash Equivalents

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524.36

773.20

1,320.40

549.66

1,602.30

NOVATEK PJSC Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															538.83	1,005.13	549.66	1,988.56	1,602.30

NOVATEK PJSC 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.

NOVATEK PJSC (FRA:N1O) 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.

NOVATEK PJSC Cash And Cash Equivalents Related Terms

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NOVATEK PJSC (FRA:N1O) Business Description

Industry

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NVTK:Russia

Address

2, Udaltsova Street, Moscow, RUS, 119415

Website

https://www.novatek.ru

NOVATEK PJSC, or simply Novatek, is a Russian-based exploration and production company that acquires, explores for, produces, processes, and markets oil and gas. While the company is mostly focused on natural gas production, it also has exposure to oil. Its exploration and production take place in a variety of fields in central Russia. The natural gas is then processed and sold. Novatek also sells liquid hydrocarbons such as petroleum products, light hydrocarbons, LPG, and crude oil. The majority of its natural gas is sold in Russia, while the liquid hydrocarbons are sold in Russia and internationally, including China, Europe, and the United States.

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