Hydro One (TSX:H) Cash And Cash Equivalents : C$686 Mil (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Hydro One Cash And Cash Equivalents?

Hydro One's quarterly cash and cash equivalents increased from Sep. 2023 (C$59.00 Mil) to Dec. 2023 (C$79.00 Mil) and increased from Dec. 2023 (C$79.00 Mil) to Mar. 2024 (C$686.00 Mil).

Hydro One's annual cash and cash equivalents declined from Dec. 2021 (C$540.00 Mil) to Dec. 2022 (C$530.00 Mil) and declined from Dec. 2022 (C$530.00 Mil) to Dec. 2023 (C$79.00 Mil).

Hydro One Cash And Cash Equivalents Historical Data

The historical data trend for Hydro One'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.

* Premium members only.

Hydro One Cash And Cash Equivalents Chart

Hydro One Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

30.00

757.00

540.00

530.00

79.00

Hydro One 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															43.00	24.00	59.00	79.00	686.00

Hydro One 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.

Hydro One (TSX:H) 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.

Hydro One Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Hydro One's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Hydro One (TSX:H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hydro One Ltd (TSX:H) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

HRNNF:USA 8H1:Germany

Address

483 Bay Street, South Tower, 8th Floor, Toronto, ON, CAN, M5G 2P5

Website

https://www.hydroone.com

Hydro One operates regulated transmission and distribution assets in Ontario. The area's largest electricity provider serves nearly 1.5 million customers. Transmission accounts for roughly 60% of the company's rate base, with distribution accounting for the remainder. Hydro One operates a small telecom business with annual revenue contributing less than 1% to consolidated results. The province of Ontario holds an approximate 47% common equity stake.

Executives

Darlene Ann Bradley

Senior Officer