Energy SpA (MIL:ENY) Cash And Cash Equivalents : €18.83 Mil (As of Dec. 2023)

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What is Energy SpA Cash And Cash Equivalents?

Energy SpA's quarterly cash and cash equivalents increased from Dec. 2022 (€15.96 Mil) to Jun. 2023 (€17.69 Mil) and increased from Jun. 2023 (€17.69 Mil) to Dec. 2023 (€18.83 Mil).

Energy SpA's annual cash and cash equivalents increased from Dec. 2021 (€2.00 Mil) to Dec. 2022 (€15.96 Mil) and increased from Dec. 2022 (€15.96 Mil) to Dec. 2023 (€18.83 Mil).

Energy SpA Cash And Cash Equivalents Historical Data

The historical data trend for Energy SpA'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.

Energy SpA Cash And Cash Equivalents Chart

Energy SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

1.56

0.78

2.00

15.96

18.83

Energy SpA Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial			2.00	-	15.96	17.69	18.83

Energy SpA 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.

Energy SpA (MIL:ENY) 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.

Energy SpA Cash And Cash Equivalents Related Terms

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Energy SpA (MIL:ENY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Energy SpA (MIL:ENY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

S2I:Germany

Address

Piazza Manifattura, 1, Trentino, Rovereto, ITA, 38068

Website

https://www.energysynt.com

Energy SpA offers storage systems for energy from renewable sources. The systems developed and marketed are integrated with proprietary software that allows customers to manage intelligently, in a cloud platform, the monitoring and the process of storage, energy use, consumption, and energy traffic. The company offers two product categories Small & Large ESS category, consisting of energy storage systems of less than 50 kw; and Extra Large ESS category, consisting of energy storage systems of more than 50 kw.

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