CGE Transmision (XSGO:CGET) Cash And Cash Equivalents : CLP26,406 Mil (As of Dec. 2023)

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What is CGE Transmision Cash And Cash Equivalents?

CGE Transmision's quarterly cash and cash equivalents declined from Jun. 2023 (CLP54,123.78 Mil) to Sep. 2023 (CLP1,880.52 Mil) but then increased from Sep. 2023 (CLP1,880.52 Mil) to Dec. 2023 (CLP26,405.84 Mil).

CGE Transmision's annual cash and cash equivalents declined from Dec. 2021 (CLP2,688.53 Mil) to Dec. 2022 (CLP1,955.46 Mil) but then increased from Dec. 2022 (CLP1,955.46 Mil) to Dec. 2023 (CLP26,405.84 Mil).

CGE Transmision Cash And Cash Equivalents Historical Data

The historical data trend for CGE Transmision'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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CGE Transmision Cash And Cash Equivalents Chart

CGE Transmision Annual Data

Trend

Dec21

Dec22

Dec23

Cash And Cash Equivalents

2,688.53

1,955.46

26,405.84

CGE Transmision Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial				1,955.46	2,261.61	54,123.78	1,880.52	26,405.84

CGE Transmision 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.

CGE Transmision (XSGO:CGET) 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.

CGE Transmision Cash And Cash Equivalents Related Terms

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CGE Transmision (XSGO:CGET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CGE Transmision SA (XSGO:CGET) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

N/A

Address

Av. Presidente Riesco 5561, 17th floor, Las Condes, Santiago, CHL

Website

https://www.cgetransmision.cl

CGE Transmision SA engages in electricity transmission. It operates in the electric power transmission sector, mainly in the zonal transmission and dedicated transmission segments. The transmission system is divided into five large segments: National Transmission; Zonal Transmission; Dedicated Transmission; Transmission for development poles; and International Interconnection System.

CGE Transmision (XSGO:CGET) Headlines

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