Idacorp (Idacorp) Cash And Cash Equivalents : $327 Mil (As of Dec. 2023)

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What is Idacorp Cash And Cash Equivalents?

Idacorp's quarterly cash and cash equivalents increased from Jun. 2023 ($134.78 Mil) to Sep. 2023 ($445.49 Mil) but then stayed the same from Sep. 2023 ($445.49 Mil) to Dec. 2023 ($327.43 Mil).

Idacorp's annual cash and cash equivalents declined from Dec. 2021 ($215.24 Mil) to Dec. 2022 ($177.58 Mil) but then increased from Dec. 2022 ($177.58 Mil) to Dec. 2023 ($327.43 Mil).

Idacorp Cash And Cash Equivalents Historical Data

The historical data trend for Idacorp'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.

Idacorp Cash And Cash Equivalents Chart

Idacorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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217.25

275.12

215.24

177.58

327.43

Idacorp 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															177.58	357.82	134.78	445.49	327.43

Idacorp 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.

Idacorp (NYSE:IDA) 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.

Idacorp Cash And Cash Equivalents Related Terms

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Idacorp (Idacorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Idacorp Inc (NYSE:IDA) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

IDJ:Germany

Address

1221 West Idaho Street, Boise, ID, USA, 83702-5627

Website

https://www.idacorpinc.com

Idacorp Inc is a holding company that, through its subsidiaries, acts as an electric utility engaged in the generation, transmission, distribution, sale, and purchase of electric energy and capacity. To do this, Idacorp owns and operates a portfolio of hydroelectric, coal-fired, gas-fired, and diesel-fired power plants located across the Northwestern United States. The company's hydroelectric and coal-fired plants are responsible for Majority of its total energy production. Idacorp mainly generates revenue from the sale of electricity to retail and wholesale customers. The Majority of the company's customers are residential consumers living in the Northwestern United States, while commercial and industrial consumers also represent important revenue streams.

Executives

Jeffrey L Malmen	officer: Vice President-Public Affairs	1221 WEST IDAHO STREET, BOISE ID 83702
Mitchel D Colburn	officer: VP of Plan, Eng, & Const (IPC)	1221 W IDAHO ST, BOISE ID 83702
Nate Jorgensen	director	PO BOX 50, BOISE ID 83728-0050
Susan Morris	director	ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706
Julia A Hilton	officer: VP and General Counsel	1221 W IDAHO ST, BOISE ID 83702
Dennis L Johnson	director	1221 W IDAHO ST, BOISE ID 83702
Jeff C Kinneeveauk	director	7300 EAST EARLL DRIVE, #3022, SCOTTSDALE AZ 85251
Mark T Peters	director	884 NEIL AVENUE, COLUMBUS OH 43215
Odette C Bolano	director	1726 N MOCKBEE PL, BOISE ID 83702
Christine King	director	AMIS HOLDINGS, INC., 2300 BUCKSKIN RD, POCATELLO ID 83201
Tom J Harvey	officer: VP of Power Supply (IPC)	1221 W IDAHO ST, BOISE ID 83702
Darrel T Anderson	officer: VP, CFO & Treasurer	1221 W IDAHO ST, BOISE ID 83702
Richard J Dahl	director	DOLE FOOD CO, 1 DOLE DRIVE, WESTLAKE CA 91362
Sarah E Griffin	officer: VP of Human Resources	1221 W IDAHO ST, BOISE ID 83702
Hanchey James Bo D	officer: VP of Cust Op & CSO	1221 W IDAHO ST, BOISE ID 83702