Smart Powerr (FRA:CR9) Cash And Cash Equivalents : €63.09 Mil (As of Mar. 2024)

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What is Smart Powerr Cash And Cash Equivalents?

Smart Powerr's quarterly cash and cash equivalents declined from Sep. 2023 (€63.67 Mil) to Dec. 2023 (€0.03 Mil) but then increased from Dec. 2023 (€0.03 Mil) to Mar. 2024 (€63.09 Mil).

Smart Powerr's annual cash and cash equivalents declined from Dec. 2021 (€134.53 Mil) to Dec. 2022 (€131.04 Mil) and declined from Dec. 2022 (€131.04 Mil) to Dec. 2023 (€0.03 Mil).

Smart Powerr Cash And Cash Equivalents Historical Data

The historical data trend for Smart Powerr'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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Smart Powerr Cash And Cash Equivalents Chart

Smart Powerr Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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14.60

88.62

134.53

131.04

0.03

Smart Powerr Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.04	0.42	63.67	0.03	63.09

Smart Powerr 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.

Smart Powerr (FRA:CR9) 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.

Smart Powerr Cash And Cash Equivalents Related Terms

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Smart Powerr (FRA:CR9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Smart Powerr Corp (FRA:CR9) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

CREG:USA

Address

Rong Cheng Yun Gu Building Keji 3rd Road, 4th Floor, Tower C, Yanta District, Shaan Xi Province, Xi’an, CHN, 710075

Website

http://www.creg-cn.com

Smart Powerr Corp, is a developer of waste energy recycling. The company design, finance, construct, operate, and transfer energy saving and recovery facilities for multiple energy-intensive industries. Its waste heat-to-energy solution consists of heat power generation projects for applications in cement, steel, coking coal, and nonferrous metal industries, which collect the residual heat from various manufacturing processes, such as the entrance and exit ends of the cement rotary kilns, to generate electricity. The company's waste gas-to-energy solution consists of a WGPG system that utilizes flammable waste gas from coal mining, petroleum exploitation, refinery processing, or other sources as a fuel source to generate electricity.

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