Archaea Energy (Archaea Energy) Cash, Cash Equivalents, Marketable Securities : $299.5 Mil (As of Sep. 2022)

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

Archaea Energy's quarterly cash, cash equivalents, marketable securities increased from Mar. 2022 ($30.82 Mil) to Jun. 2022 ($213.32 Mil) and increased from Jun. 2022 ($213.32 Mil) to Sep. 2022 ($299.47 Mil).

Archaea Energy's annual cash, cash equivalents, marketable securities increased from Dec. 2019 ($0.42 Mil) to Dec. 2020 ($1.50 Mil) and increased from Dec. 2020 ($1.50 Mil) to Dec. 2021 ($77.86 Mil).

Archaea Energy Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Archaea 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.

Archaea Energy Cash, Cash Equivalents, Marketable Securities Chart

Archaea Energy Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Cash, Cash Equivalents, Marketable Securities

0.42

1.50

77.86

Archaea Energy Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial							153.64	77.86	30.82	213.32	299.47

Archaea 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.

Archaea Energy (NYSE:LFG) 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.

Archaea Energy Cash, Cash Equivalents, Marketable Securities Related Terms

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Archaea Energy (Archaea Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Archaea Energy Inc (NYSE:LFG) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

4444 Westheimer Road, Suite G450, Houston, TX, USA, 77027

Website

https://www.archaeaenergy.com

Archaea Energy Inc is a renewable natural gas (RNG) producer in the U.S., with an RNG platform developing, constructing, and operating RNG facilities to capture waste emissions and convert them into low-carbon fuel.

Executives

Ares Management Llc	director, 10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
United States Power Fund Iii, L.p.	director, 10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Edward P. Taibi	officer: GC, EVP Strat Init & Gov Aff	35 EAST 62ND STREET, NEW YORK NY 10065
Brian F Mccarthy	officer: Chief Investment Officer	C/O RICE ACQUISITION, 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Aria Renewable Energy Systems Llc	director, 10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Corp	director, 10 percent owner	2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Archaea Energy Llc	10 percent owner	500 TECHNOLOGY DRIVE, SECOND FLOOR, CANONSBURG PA 15317
Shalennial Fund I, L.p.	10 percent owner	102 EAST MAIN STREET, SECOND STORY, CARNEGIE PA 15106
Richard Walton	officer: President	C/O RICE ACQUISITION, 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Nicholas Stork	director, officer: Chief Executive Officer	C/O RICE ACQUISITION, 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Lindsay Ellis	officer: General Counsel and Secretary	C/O RICE ACQUISITION, 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Chad Bellah	officer: Chief Accounting Officer	C/O RICE ACQUISITION, 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Eif Us Power Iv, Llc	director, 10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Eif Us Power Iii, Llc	director, 10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Scott Parkes	director	C/O ARES MANAGEMENT CORP., 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067