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Solid Power (Solid Power) Ending Cash Position : $14.02 Mil (As of Mar. 2024)


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What is Solid Power Ending Cash Position?

Solid Power's Ending Cash Position for the quarter that ended in Mar. 2024 was $14.02 Mil.

Solid Power's quarterly Ending Cash Position increased from Sep. 2023 ($27.46 Mil) to Dec. 2023 ($34.54 Mil) but then declined from Dec. 2023 ($34.54 Mil) to Mar. 2024 ($14.02 Mil).

Solid Power's annual Ending Cash Position declined from Dec. 2021 ($513.45 Mil) to Dec. 2022 ($50.12 Mil) and declined from Dec. 2022 ($50.12 Mil) to Dec. 2023 ($34.54 Mil).


Solid Power Ending Cash Position Historical Data

The historical data trend for Solid Power's Ending Cash Position 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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Solid Power Ending Cash Position Chart

Solid Power Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Ending Cash Position
10.63 4.97 513.45 50.12 34.54

Solid Power Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.89 28.44 27.46 34.54 14.02

Solid Power Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Solid Power's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=50.123+-15.586
=34.54

Solid Power's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=34.537+-20.518
=14.02


Solid Power Ending Cash Position Related Terms

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Solid Power (Solid Power) Business Description

Traded in Other Exchanges
Address
486 S. Pierce Avenue, Suite E, Louisville, CO, USA, 80027
Solid Power Inc is engaged in developing all-solid-state battery cell technology to enable the next generation of batteries for the EV and other markets. The company's planned business model is to license its all-solid-state battery cell designs and manufacturing know-how to top tier battery manufacturers or automotive original equipment manufacturers and to sell its sulfide-based solid electrolyte for incorporation into all-solid-state battery cells.