NextEra Energy (LTS:0K80) Cash And Cash Equivalents : $1,642 Mil (As of Mar. 2024)

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What is NextEra Energy Cash And Cash Equivalents?

NextEra Energy's quarterly cash and cash equivalents increased from Sep. 2023 ($1,568.00 Mil) to Dec. 2023 ($2,690.00 Mil) but then stayed the same from Dec. 2023 ($2,690.00 Mil) to Mar. 2024 ($1,642.00 Mil).

NextEra Energy's annual cash and cash equivalents increased from Dec. 2021 ($639.00 Mil) to Dec. 2022 ($1,601.00 Mil) and increased from Dec. 2022 ($1,601.00 Mil) to Dec. 2023 ($2,690.00 Mil).

NextEra Energy Cash And Cash Equivalents Historical Data

The historical data trend for NextEra 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.

* Premium members only.

NextEra Energy Cash And Cash Equivalents Chart

NextEra Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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600.00

1,105.00

639.00

1,601.00

2,690.00

NextEra Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															2,275.00	1,577.00	1,568.00	2,690.00	1,642.00

NextEra 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.

NextEra Energy (LTS:0K80) 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.

NextEra Energy Cash And Cash Equivalents Related Terms

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NextEra Energy (LTS:0K80) Business Description

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Address

700 Universe Boulevard, Juno Beach, FL, USA, 33408

Website

https://www.nexteraenergy.com

NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 32 gigawatts of generation. FP&L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 25 GW of generation capacity, including natural gas, nuclear, wind, and solar.

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