Seven Generations Energy (TSX:VII) Cash And Cash Equivalents : C$5 Mil (As of Dec. 2020)

View and export this data going back to 2014. Start your Free Trial

What is Seven Generations Energy Cash And Cash Equivalents?

Seven Generations Energy's quarterly cash and cash equivalents increased from Jun. 2020 (C$0.40 Mil) to Sep. 2020 (C$31.40 Mil) but then stayed the same from Sep. 2020 (C$31.40 Mil) to Dec. 2020 (C$4.70 Mil).

Seven Generations Energy's annual cash and cash equivalents declined from Dec. 2018 (C$78.10 Mil) to Dec. 2019 (C$9.60 Mil) and declined from Dec. 2019 (C$9.60 Mil) to Dec. 2020 (C$4.70 Mil).

Seven Generations Energy Cash And Cash Equivalents Historical Data

The historical data trend for Seven Generations 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.

Seven Generations Energy Cash And Cash Equivalents Chart

Seven Generations Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash And Cash Equivalents

Get a 7-Day Free Trial

630.80

165.30

78.10

9.60

4.70

Seven Generations Energy Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Cash And Cash Equivalents	Get a 7-Day Free Trial															9.60	13.60	0.40	31.40	4.70

Seven Generations 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.

Seven Generations Energy (TSX:VII) 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.

Seven Generations Energy Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Seven Generations Energy's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Seven Generations Energy (TSX:VII) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Seven Generations Energy Ltd (TSX:VII) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

525 - 8 Avenue SW, Suite 4400, Eighth Avenue Place East, Calgary, AB, CAN, T2P 1G1

Website

http://www.7genergy.com

Seven Generations Energy Ltd is an independent energy company focused on the acquisition, development, and optimization of high-quality, tight rock, natural gas resource plays. The company employs long-reach and horizontal drilling to produce resources of natural gas, condensate, and natural gas liquids. In addition to drilling operations, Seven Generations owns several gathering lines and processing facilities. The company depends on a skilled technical and business team to identify, capture, develop, and catalyze production from resource plays.