Botala Energy (ASX:BTE) Cash, Cash Equivalents, Marketable Securities : A$1.40 Mil (As of Dec. 2024)

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What is Botala Energy Cash, Cash Equivalents, Marketable Securities?

Botala Energy's quarterly cash, cash equivalents, marketable securities declined from Dec. 2023 (A$1.93 Mil) to Jun. 2024 (A$0.44 Mil) but then increased from Jun. 2024 (A$0.44 Mil) to Dec. 2024 (A$1.40 Mil).

Botala Energy's annual cash, cash equivalents, marketable securities declined from Jun. 2022 (A$5.83 Mil) to Jun. 2023 (A$1.87 Mil) and declined from Jun. 2023 (A$1.87 Mil) to Jun. 2024 (A$0.44 Mil).

Botala Energy Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Botala Energy's Cash, Cash Equivalents, Marketable Securities 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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Botala Energy Cash, Cash Equivalents, Marketable Securities Chart

Botala Energy Annual Data

Trend

Jun22

Jun23

Jun24

Cash, Cash Equivalents, Marketable Securities

5.83

1.87

0.44

Botala Energy Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			3.51	1.87	1.93	0.44	1.40

Botala Energy Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Botala Energy (ASX:BTE) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Botala Energy Cash, Cash Equivalents, Marketable Securities Related Terms

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Botala Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Botala Energy Ltd (ASX:BTE) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

22 Mounts Bay Road, Unit 2, Crawley, WA, AUS, 6009

Website

https://www.botalaenergy.com

Botala Energy Ltd is a gas exploration and development company. The company is a coal bed methane (CBM) exploration and development company focused on developing products from the Serowe CBM Project located in Botswana and related early-stage renewable energy opportunities. The company's projects also include Pitse project, Solar manufacturing, and others.