Aboitiz Power (PHS:AP) Cash And Cash Equivalents : ₱59,158 Mil (As of Sep. 2024)

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What is Aboitiz Power Cash And Cash Equivalents?

Aboitiz Power's quarterly cash and cash equivalents declined from Mar. 2024 (₱53,629.29 Mil) to Jun. 2024 (₱52,474.66 Mil) but then increased from Jun. 2024 (₱52,474.66 Mil) to Sep. 2024 (₱59,158.44 Mil).

Aboitiz Power's annual cash and cash equivalents increased from Dec. 2021 (₱57,130.24 Mil) to Dec. 2022 (₱64,763.64 Mil) but then declined from Dec. 2022 (₱64,763.64 Mil) to Dec. 2023 (₱54,538.78 Mil).

Aboitiz Power Cash And Cash Equivalents Historical Data

The historical data trend for Aboitiz Power'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.

Aboitiz Power Cash And Cash Equivalents Chart

Aboitiz Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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37,433.93

38,699.55

57,130.24

64,763.64

54,538.78

Aboitiz Power Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															54,428.14	54,538.78	53,629.29	52,474.66	59,158.44

Aboitiz Power 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.

Aboitiz Power (PHS:AP) 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.

Aboitiz Power Cash And Cash Equivalents Related Terms

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Aboitiz Power Business Description

Industry

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ABZPF:USA

Address

NAC Tower, 32nd Street, Bonifacio Global City, Metro Manila, Taguig, PHL, 1634

Website

https://www.aboitizpower.com

Aboitiz Power Corp is an electric utility company operating in the Philippines of which Aboitiz Equity Ventures is the majority shareholder. Through its subsidiaries, Aboitiz Power generates and distributes electricity. The company controls a portfolio of geothermal, hydroelectric, solar, wind, oil-fired, and coal-fired power plants. most of Aboitiz Power's energy production comes from its non-renewable facilities. The company's sites, meanwhile, are mainly hydroelectric. The vast majority of Aboitiz Power's income is derived from its power generation business, while a sizable portion also comes from its distribution segment. Almost all sales are made through bilateral contracts with private utilities, the country's state-owned power provider, and industrial and commercial customers.