Enel SpA (Enel SpA) Cash And Cash Equivalents : $7,417 Mil (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Enel SpA Cash And Cash Equivalents?

Enel SpA's quarterly cash and cash equivalents declined from Jun. 2023 ($6,613.22 Mil) to Sep. 2023 ($4,008.54 Mil) but then increased from Sep. 2023 ($4,008.54 Mil) to Dec. 2023 ($7,416.58 Mil).

Enel SpA's annual cash and cash equivalents increased from Dec. 2021 ($10,009.04 Mil) to Dec. 2022 ($11,695.98 Mil) but then declined from Dec. 2022 ($11,695.98 Mil) to Dec. 2023 ($7,416.58 Mil).

Enel SpA Cash And Cash Equivalents Historical Data

The historical data trend for Enel SpA'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.

Enel SpA Cash And Cash Equivalents Chart

Enel SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

10,032.22

7,184.92

10,009.04

11,695.98

7,416.58

Enel SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															11,695.98	11,122.06	6,613.22	4,008.54	7,416.58

Enel SpA 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.

Enel SpA (OTCPK:ENLAY) 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.

Enel SpA Cash And Cash Equivalents Related Terms

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

Enel SpA (Enel SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Enel SpA (OTCPK:ENLAY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ESOCF:USA ENEL:Italy ENELm:UK 0NRE:UK ENL:Germany ENL:Germany ENLA:Germany ENL:Germany ENEL:Austria

Address

Viale Regina Margherita, 137, Rome, ITA, 00198

Website

https://www.enel.com

Enel is a diversified energy company domiciled in Italy. Operations are concentrated in Italy, Spain, and Latin America. The firm's primary activities are electric generation, electric networks, and gas and electricity marketing. Around 50% of the company's EBITDA is derived from its regulated networks. Taking into account power sold through power purchase agreements in Latin America, around 70% of EBITDA is quasi-regulated. Enel is a giant in global power generation with 86 gigawatts of capacity, of which 39 GW is renewables, including a large share of hydro.

Enel SpA (Enel SpA) Headlines

From GuruFocus

Enel Reports Net Profit Increase in 1st Quarter

By Alberto Abaterusso Alberto Abaterusso • 05-12-2017

Enel Reports Net Profit Increase for 2016

By Alberto Abaterusso Alberto Abaterusso • 03-20-2017

Enel SpA's Dividend Analysis

By GuruFocus Research • 01-22-2024

Enel to Build Its First Solar Park in Zambia

By Alberto Abaterusso Alberto Abaterusso • 08-23-2018

Enel SpA Reports Strong Financial Numbers

By Alberto Abaterusso Alberto Abaterusso • 03-22-2019