Enapter AG (STU:H2O) Cash, Cash Equivalents, Marketable Securities : €9.45 Mil (As of Jun. 2023)

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What is Enapter AG Cash, Cash Equivalents, Marketable Securities?

Enapter AG's quarterly cash, cash equivalents, marketable securities declined from Jun. 2022 (€28.17 Mil) to Dec. 2022 (€5.07 Mil) but then increased from Dec. 2022 (€5.07 Mil) to Jun. 2023 (€9.45 Mil).

Enapter AG's annual cash, cash equivalents, marketable securities increased from Dec. 2020 (€4.25 Mil) to Dec. 2021 (€19.60 Mil) but then declined from Dec. 2021 (€19.60 Mil) to Dec. 2022 (€5.07 Mil).

Enapter AG Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Enapter AG'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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Enapter AG Cash, Cash Equivalents, Marketable Securities Chart

Enapter AG Annual Data

Trend

Dec07

Dec08

Dec18

Dec19

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

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0.77

1.61

4.25

19.60

5.07

Enapter AG Semi-Annual Data
	Dec07	Dec08	Jun09	Jun11	Jan17	Jul17	Jan18	Jul18	Jan19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial												14.90	19.60	28.17	5.07	9.45

Enapter AG 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.

Enapter AG (STU:H2O) 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.

Enapter AG Cash, Cash Equivalents, Marketable Securities Related Terms

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Enapter AG (STU:H2O) Business Description

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H2O:Germany

Address

Reinhardtstr. 35, Berlin, BB, DEU, 10117

Website

https://www.enapter.com

Enapter AG is engaged in research and development in the field of hydrogen systems with a focus on electrolysis, project management in Renewable Energy Systems and Smart-Grid Technology, software development for Smart Grid, Smart Energy and Industry 4.0 and Internet of Things (IoT), and manufacturing and production, design, planning, trading and resale of electrolysers and similar products and related software and control systems. Specifically, the Enapter Group develops and manufactures patented electrolysers based on Anion Exchange Membrane (AEM) technology. the Group had only one reportable segment which is the design and production of hydrogen generators based on patented anion exchange membrane electrolysis (AEM electrolysis) and pursues.

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