MVV Energie AG (XTER:MVV1) Cash And Cash Equivalents : €599 Mil (As of Mar. 2024)

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What is MVV Energie AG Cash And Cash Equivalents?

MVV Energie AG's quarterly cash and cash equivalents declined from Sep. 2023 (€975.03 Mil) to Dec. 2023 (€609.43 Mil) but then stayed the same from Dec. 2023 (€609.43 Mil) to Mar. 2024 (€598.58 Mil).

MVV Energie AG's annual cash and cash equivalents increased from Sep. 2021 (€1,258.18 Mil) to Sep. 2022 (€1,885.00 Mil) but then declined from Sep. 2022 (€1,885.00 Mil) to Sep. 2023 (€975.03 Mil).

MVV Energie AG Cash And Cash Equivalents Historical Data

The historical data trend for MVV Energie AG'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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MVV Energie AG Cash And Cash Equivalents Chart

MVV Energie AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash And Cash Equivalents

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357.56

343.18

1,258.18

1,885.00

975.03

MVV Energie AG 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															746.52	928.43	975.03	609.43	598.58

MVV Energie AG 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.

MVV Energie AG (XTER:MVV1) 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.

MVV Energie AG Cash And Cash Equivalents Related Terms

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MVV Energie AG (XTER:MVV1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » MVV Energie AG (XTER:MVV1) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

MVV1:Germany MVV1:Germany MVV1:Germany

Address

Luisenring 49, Mannheim, BW, DEU, 68159

Website

https://www.mvv.de

MVV Energie AG is an energy company. Its business comprises energy generation, energy trading, and energy distribution via proprietary grids through to sales and energy-related services. The company operates through five segments: Customer Solutions, New Energies, Supply Reliability, Strategic Investments, and Other Activities. The majority of the company's revenue is generated from Customer Solutions segment which includes the energy and water retail and wholesale businesses. Geographically, the company is focuses on Germany, which is its key revenue generating market and the United Kingdom.

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