Metis Energy (SGX:L02) Cash And Cash Equivalents : S$16.62 Mil (As of Dec. 2024)

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What is Metis Energy Cash And Cash Equivalents?

Metis Energy's quarterly cash and cash equivalents increased from Dec. 2023 (S$36.47 Mil) to Jun. 2024 (S$39.30 Mil) but then stayed the same from Jun. 2024 (S$39.30 Mil) to Dec. 2024 (S$16.62 Mil).

Metis Energy's annual cash and cash equivalents increased from Dec. 2022 (S$19.89 Mil) to Dec. 2023 (S$36.47 Mil) but then declined from Dec. 2023 (S$36.47 Mil) to Dec. 2024 (S$16.62 Mil).

Metis Energy Cash And Cash Equivalents Historical Data

The historical data trend for Metis 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.

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Metis Energy Cash And Cash Equivalents Chart

Metis Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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24.36

20.55

19.89

36.47

16.62

Metis Energy Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															19.89	58.84	36.47	39.30	16.62

Metis 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.

Metis Energy (SGX:L02) 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.

Metis Energy Cash And Cash Equivalents Related Terms

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Metis Energy Business Description

Industry

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Address

133 New Bridge Road, No. 18-09 Chinatown Point, Singapore, SGP, 059413

Website

https://www.metisenergy.com

Metis Energy Ltd is a renewable energy and infrastructure developer. It operates through five segments: the Power Plant segment relates to the construction, acquisition, operations, and maintenance of power plants and the production and sale of electric power in Indonesia; the Renewable Energy segment relates to the construction, acquisition, operations, and maintenance of renewable generation facilities and the production and sale of renewable energy in Vietnam; the Shipping segment relates to ship chartering and provision of freight services in Indonesia, mainly for coal-carrying activities. the corporate and Others segment is involved in Group-level corporate services, treasury functions, investments in properties, and others. The Power Plant segment derives the majority of revenue.

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