AAG Energy Holdings (FRA:AAN) Cash And Cash Equivalents : €286.9 Mil (As of Dec. 2022)

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What is AAG Energy Holdings Cash And Cash Equivalents?

AAG Energy Holdings's quarterly cash and cash equivalents increased from Dec. 2021 (€226.02 Mil) to Jun. 2022 (€288.30 Mil) but then stayed the same from Jun. 2022 (€288.30 Mil) to Dec. 2022 (€286.88 Mil).

AAG Energy Holdings's annual cash and cash equivalents increased from Dec. 2020 (€225.07 Mil) to Dec. 2021 (€226.02 Mil) and increased from Dec. 2021 (€226.02 Mil) to Dec. 2022 (€286.88 Mil).

AAG Energy Holdings Cash And Cash Equivalents Historical Data

The historical data trend for AAG Energy Holdings's Cash And Cash Equivalents 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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AAG Energy Holdings Cash And Cash Equivalents Chart

AAG Energy Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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211.53

267.41

225.07

226.02

286.88

AAG Energy Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Cash And Cash Equivalents	Get a 7-Day Free Trial													225.07	130.13	226.02	288.30	286.88

AAG Energy Holdings Cash And Cash Equivalents 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.

AAG Energy Holdings (FRA:AAN) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

AAG Energy Holdings Cash And Cash Equivalents Related Terms

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AAG Energy Holdings (FRA:AAN) Business Description

Industry

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Traded in Other Exchanges

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Address

183 Queen’s Road Central, Unit 2506, 25th Floor, Cosco Tower, Sheung Wan, Hong Kong, HKG

Website

http://www.aagenergy.com

AAG Energy Holdings Ltd is an international energy company. It is engaged in the exploration, development, and production of coalbed methane (CBM) in the People's Republic of China. Its operating assets, the Panzhuang and Mabi concessions are located in the Southwestern part of the Qinshui Basin, which boasts CBM geological reserves of any basin in China. The Group conducts its business through two Production Sharing Contracts entered into with China United Coalbed Methane Corporation Ltd and China National Petroleum Corporation for Panzhuang and Mabi concessions respectively in Qinshui Basin, Shanxi Province of the PRC.