ENR Russia Invest (XSWX:RUS) Cash And Cash Equivalents : CHF0.42 Mil (As of Dec. 2023)

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What is ENR Russia Invest Cash And Cash Equivalents?

ENR Russia Invest's quarterly cash and cash equivalents declined from Dec. 2022 (CHF0.50 Mil) to Jun. 2023 (CHF0.40 Mil) but then increased from Jun. 2023 (CHF0.40 Mil) to Dec. 2023 (CHF0.42 Mil).

ENR Russia Invest's annual cash and cash equivalents declined from Dec. 2021 (CHF0.58 Mil) to Dec. 2022 (CHF0.50 Mil) and declined from Dec. 2022 (CHF0.50 Mil) to Dec. 2023 (CHF0.42 Mil).

ENR Russia Invest Cash And Cash Equivalents Historical Data

The historical data trend for ENR Russia Invest'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.

ENR Russia Invest Cash And Cash Equivalents Chart

ENR Russia Invest Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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2.04

0.46

0.58

0.50

0.42

ENR Russia Invest Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.58	1.19	0.50	0.40	0.42

ENR Russia Invest 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.

ENR Russia Invest (XSWX:RUS) 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.

ENR Russia Invest Cash And Cash Equivalents Related Terms

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ENR Russia Invest (XSWX:RUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ENR Russia Invest SA (XSWX:RUS) » Definitions » Cash And Cash Equivalents

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Address

Rue du Rhone 118, Geneva, CHE, 1204

Website

https://www.enr.ch

ENR Russia Invest SA is an investment company. The company invests in private equity, real estate, listed equities, and fixed-income instruments of business operating in countries of the Commonwealth of Independent States and the Baltic states and manages the asset portfolio to achieve long-term capital appreciation on invested capital.

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