Perennial Energy Holdings (FRA:PEZ) Cash And Cash Equivalents : €23.2 Mil (As of Dec. 2024)

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What is Perennial Energy Holdings Cash And Cash Equivalents?

Perennial Energy Holdings's quarterly cash and cash equivalents increased from Dec. 2023 (€12.04 Mil) to Jun. 2024 (€12.55 Mil) and increased from Jun. 2024 (€12.55 Mil) to Dec. 2024 (€23.23 Mil).

Perennial Energy Holdings's annual cash and cash equivalents declined from Dec. 2022 (€27.36 Mil) to Dec. 2023 (€12.04 Mil) but then increased from Dec. 2023 (€12.04 Mil) to Dec. 2024 (€23.23 Mil).

Perennial Energy Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Perennial Energy 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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Perennial Energy Holdings Cash And Cash Equivalents Chart

Perennial Energy Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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17.55

25.13

27.36

12.04

23.23

Perennial Energy Holdings Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial												27.36	19.11	12.04	12.55	23.23

Perennial Energy 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.

Perennial Energy Holdings (FRA:PEZ) 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.

Perennial Energy Holdings Cash And Cash Equivalents Related Terms

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Perennial Energy Holdings Business Description

Industry

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02798:Hong Kong

Address

Hongguo Economic Development Area, Office Building next to E' Lang Pu Leisure Square, Guizhou Province, Liupanshui, CHN

Website

https://www.perennialenergy.hk

Perennial Energy Holdings Ltd is a coal mining company. Along with its subsidiaries, it is principally engaged in the exploration and mining of coking coal and coal refinery in the People's Republic of China. It operates three underground coal mines namely, Hongguo Coal Mine, Baogushan Coal Mine, and Xiejiahegou Coal Mine. The company earns revenue from the sale of Clean coking coal which accounts for the majority of the revenue, Raw coal, Middling coal, Sludge coal, and sales of of coalbed methane gas.