Astra Energy (STU:5OF) Cash And Cash Equivalents : €0.00 Mil (As of Feb. 2024)

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What is Astra Energy Cash And Cash Equivalents?

Astra Energy's quarterly cash and cash equivalents declined from Aug. 2023 (€0.02 Mil) to Nov. 2023 (€0.01 Mil) but then stayed the same from Nov. 2023 (€0.01 Mil) to Feb. 2024 (€0.00 Mil).

Astra Energy's annual cash and cash equivalents increased from Aug. 2021 (€0.08 Mil) to Aug. 2022 (€0.20 Mil) but then declined from Aug. 2022 (€0.20 Mil) to Aug. 2023 (€0.02 Mil).

Astra Energy Cash And Cash Equivalents Historical Data

The historical data trend for Astra Energy'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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Astra Energy Cash And Cash Equivalents Chart

Astra Energy Annual Data

Trend

Sep05

Aug06

Aug07

Aug08

Aug09

Aug21

Aug22

Aug23

Cash And Cash Equivalents

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0.48

0.01

0.08

0.20

0.02

Astra Energy Quarterly Data
	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.05	0.01	0.02	0.01	-

Astra Energy 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.

Astra Energy (STU:5OF) 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.

Astra Energy Cash And Cash Equivalents Related Terms

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Astra Energy (STU:5OF) Business Description

Industry

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ASRE:USA

Address

9565 Waples Street, Suite 200, San Diego, CA, USA, 92121

Website

https://www.astraenergyinc.com

Astra Energy Inc is engaged in waste management industry and the electricity and power generation sectors with a focus on energy production from solar, waste conversion and clean burning fuels. The company invests in and develops renewable and clean energy projects in markets where demand is high, supply is limited and there is an opportunity to address other imminent market needs, while also cultivating a portfolio of intellectual property and licenses for renewable energy technology and generating projects to deploy that technology. Its projects include Zanzibar Clean and Renewable Energy Park, 350 Megawatt Combined Cycle Power Plant and others.

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