ACP Energy (FRA:DU5) Cash, Cash Equivalents, Marketable Securities : €0.46 Mil (As of Dec. 2022)

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

ACP Energy's quarterly cash, cash equivalents, marketable securities stayed the same from . 20 (€0.00 Mil) to Dec. 2021 (€0.00 Mil) but then increased from Dec. 2021 (€0.00 Mil) to Dec. 2022 (€0.46 Mil).

ACP Energy Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for ACP 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.

* Premium members only.

ACP Energy Cash, Cash Equivalents, Marketable Securities Chart

ACP Energy Annual Data

Trend

Cash, Cash Equivalents, Marketable Securities

ACP Energy Semi-Annual Data
	Dec21	Dec22
Cash, Cash Equivalents, Marketable Securities	-	0.46

ACP 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.

ACP Energy (FRA:DU5) 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.

ACP Energy Cash, Cash Equivalents, Marketable Securities Related Terms

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ACP Energy (FRA:DU5) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ACP Energy PLC (FRA:DU5) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Address

21 High Street, Lutterworth, GBR, LE17 4AT

Website

https://www.acpenergyplc.com

ACP Energy PLC was formed to acquire one or more target companies or businesses. The resulting investment may be in a company, partnership, special purpose vehicle or joint venture. It will focus on opportunities within the upstream oil and gas industry, such as exploration, appraisal, development or production of oil and gas, particularly projects with identified oil and/or natural gas reserves and/or resources.

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