ReVolve Renewable Power (ReVolve Renewable Power) Cash And Cash Equivalents : $1.30 Mil (As of Mar. 2024)

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What is ReVolve Renewable Power Cash And Cash Equivalents?

ReVolve Renewable Power's quarterly cash and cash equivalents increased from Sep. 2023 ($0.61 Mil) to Dec. 2023 ($1.35 Mil) but then stayed the same from Dec. 2023 ($1.35 Mil) to Mar. 2024 ($1.30 Mil).

ReVolve Renewable Power's annual cash and cash equivalents increased from Jun. 2021 ($0.13 Mil) to Jun. 2022 ($2.55 Mil) but then declined from Jun. 2022 ($2.55 Mil) to Jun. 2023 ($0.61 Mil).

ReVolve Renewable Power Cash And Cash Equivalents Historical Data

The historical data trend for ReVolve Renewable Power'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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ReVolve Renewable Power Cash And Cash Equivalents Chart

ReVolve Renewable Power Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

0.30

0.13

2.55

0.61

ReVolve Renewable Power Quarterly Data
	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial										1.41	0.61	0.61	1.35	1.30

ReVolve Renewable Power 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.

ReVolve Renewable Power (OTCPK:REVVF) 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.

ReVolve Renewable Power Cash And Cash Equivalents Related Terms

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ReVolve Renewable Power (ReVolve Renewable Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ReVolve Renewable Power Corp (OTCPK:REVVF) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

REVV:Canada

Address

Philpsburgh Avenue Fairview, Bushfield House, 57 Bushfield Square, Dublin, IRL, 3

Website

https://www.revolve-renewablepower.com

Revolve Renewable Power Corp is a developer of utility-scale renewable energy generation projects in North America with a focus on wind, solar, and battery storage technologies. Its project portfolio includes Utility scale assets and Development generation assets. The company has three business segments (1) Renewable energy projects (2) behind-the-meter distributed electricity generation including rooftop solar, battery storage, and energy efficiency projects at customer premises (3) Corporate. The company operates geographically in the USA, Mexico, Canada, and others.