Cavendish Hydrogen ASA (FRA:V07) Cash And Cash Equivalents : €34.50 Mil (As of Mar. 2025)

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What is Cavendish Hydrogen ASA Cash And Cash Equivalents?

Cavendish Hydrogen ASA's quarterly cash and cash equivalents declined from Sep. 2024 (€46.30 Mil) to Dec. 2024 (€41.78 Mil) but then stayed the same from Dec. 2024 (€41.78 Mil) to Mar. 2025 (€34.50 Mil).

Cavendish Hydrogen ASA's annual cash and cash equivalents increased from Dec. 2022 (€2.66 Mil) to Dec. 2023 (€7.02 Mil) and increased from Dec. 2023 (€7.02 Mil) to Dec. 2024 (€41.78 Mil).

Cavendish Hydrogen ASA Cash And Cash Equivalents Historical Data

The historical data trend for Cavendish Hydrogen ASA'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.

Cavendish Hydrogen ASA Cash And Cash Equivalents Chart

Cavendish Hydrogen ASA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

3.23

5.86

2.66

7.02

41.78

Cavendish Hydrogen ASA Quarterly Data
	Dec20	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash And Cash Equivalents	Get a 7-Day Free Trial							5.82	53.60	46.30	41.78	34.50

Cavendish Hydrogen ASA 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.

Cavendish Hydrogen ASA (FRA:V07) 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.

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Cavendish Hydrogen ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cavendish Hydrogen ASA (FRA:V07) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

CAVEN:Norway

Address

Dronning Eufemias gate 16, Oslo, NOR, N-0191

Website

https://www.cavendishh2.com

Cavendish Hydrogen ASA is a hydrogen fueling company that specializes in the development, production, marketing, sales, installation, commissioning and service of equipment for fueling hydrogen to on road vehicles. The company's core product is hydrogen fueling stations that provide fuel cell electric vehicles (FCEV) including cars, vans, buses and trucks with comparable fast fueling and long range as conventional vehicles today. Beside pure sales of the fueling stations the company offers services such as project execution, site engineering, installation, commissioning, operation support and service and maintenance for its own products. The company operates globally with offices in Denmark, USA, South Korea and Austria.

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