BW Energy (OSL:BWE) Cash And Cash Equivalents : kr2,049 Mil (As of Dec. 2023)

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What is BW Energy Cash And Cash Equivalents?

BW Energy's quarterly cash and cash equivalents increased from Dec. 2022 (kr2,082.73 Mil) to Jun. 2023 (kr2,520.96 Mil) but then stayed the same from Jun. 2023 (kr2,520.96 Mil) to Dec. 2023 (kr2,048.69 Mil).

BW Energy's annual cash and cash equivalents increased from Dec. 2021 (kr1,355.25 Mil) to Dec. 2022 (kr2,082.73 Mil) but then declined from Dec. 2022 (kr2,082.73 Mil) to Dec. 2023 (kr2,048.69 Mil).

BW Energy Cash And Cash Equivalents Historical Data

The historical data trend for BW 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.

BW Energy Cash And Cash Equivalents Chart

BW Energy Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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730.94

1,050.08

1,355.25

2,082.73

2,048.69

BW Energy Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial								1,355.25	1,201.90	2,082.73	2,520.96	2,048.69

BW 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.

BW Energy (OSL:BWE) 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.

BW Energy Cash And Cash Equivalents Related Terms

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BW Energy (OSL:BWE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » BW Energy Ltd (OSL:BWE) » Definitions » Cash And Cash Equivalents

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Address

22 Church Street, Washington Mall Phase 2, 4th Floor, Suite 400, Hamilton, BMU, HM 1189

Website

https://www.bwenergy.no

BW Energy Ltd is an oil and gas company engaged in the acquisition, development, and production of oil and natural gas fields. The company has hydrocarbon licenses in Gabon, Brazil, and Namibia. The company generates its revenue from the production and sale of crude oil.

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