Nexera Energy (TSXV:NGY) Cash And Cash Equivalents : C$0.10 Mil (As of Dec. 2024)

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What is Nexera Energy Cash And Cash Equivalents?

Nexera Energy's quarterly cash and cash equivalents increased from Jun. 2024 (C$0.05 Mil) to Sep. 2024 (C$0.23 Mil) but then stayed the same from Sep. 2024 (C$0.23 Mil) to Dec. 2024 (C$0.10 Mil).

Nexera Energy's annual cash and cash equivalents declined from Dec. 2020 (C$0.35 Mil) to Dec. 2021 (C$0.33 Mil) but then increased from Dec. 2021 (C$0.33 Mil) to Dec. 2022 (C$0.48 Mil).

Nexera Energy Cash And Cash Equivalents Historical Data

The historical data trend for Nexera 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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Nexera Energy Cash And Cash Equivalents Chart

Nexera Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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0.62

0.10

0.35

0.33

0.48

Nexera Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.02	0.01	0.05	0.23	0.10

Nexera 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.

Nexera Energy (TSXV:NGY) 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.

Nexera Energy Cash And Cash Equivalents Related Terms

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Nexera Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Nexera Energy Inc (TSXV:NGY) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

54th Street South East, Suite 11411, Calgary, AB, CAN, T2C 5R9

Website

https://www.nexeraenergy.com

Nexera Energy Inc is a Canada based company with oil-producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. It is engaged in the acquisition, exploration, and development of petroleum and natural gas properties, in Alberta, Canada and Texas, USA. The company derives revenue from the sale of crude oil, natural gas, and natural gas liquids, of which key revenue is earned from the sale of crude oil.

Executives

Carlo Enrique Gutierrez	Director
Michael Rice	Senior Officer
Clarence Wagenaar	10% Security Holder
Kendall Dilling	Director

Nexera Energy Headlines

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