Kunlun Energy Co (Kunlun Energy Co) Cash And Cash Equivalents : $3,831 Mil (As of Dec. 2023)

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What is Kunlun Energy Co Cash And Cash Equivalents?

Kunlun Energy Co's quarterly cash and cash equivalents increased from Dec. 2022 ($2,874.77 Mil) to Jun. 2023 ($3,449.74 Mil) and increased from Jun. 2023 ($3,449.74 Mil) to Dec. 2023 ($3,830.85 Mil).

Kunlun Energy Co's annual cash and cash equivalents declined from Dec. 2021 ($4,473.65 Mil) to Dec. 2022 ($2,874.77 Mil) but then increased from Dec. 2022 ($2,874.77 Mil) to Dec. 2023 ($3,830.85 Mil).

Kunlun Energy Co Cash And Cash Equivalents Historical Data

The historical data trend for Kunlun Energy Co'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.

Kunlun Energy Co Cash And Cash Equivalents Chart

Kunlun Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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2,657.66

2,488.49

4,473.65

2,874.77

3,830.85

Kunlun Energy Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															4,473.65	2,735.39	2,874.77	3,449.74	3,830.85

Kunlun Energy Co 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.

Kunlun Energy Co (OTCPK:KUNUF) 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.

Kunlun Energy Co Cash And Cash Equivalents Related Terms

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Kunlun Energy Co (Kunlun Energy Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kunlun Energy Co Ltd (OTCPK:KUNUF) » Definitions » Cash And Cash Equivalents

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KLYCY:USA 00135:Hong Kong CTJ1:Germany

Address

118 Connaught Road West, 39th Floor, Hong Kong, HKG

Website

https://www.kunlun.com.hk

Kunlun Energy Co Ltd is an integrated oil and gas service company. The firm is engaged in multiple activities which include exploration and production operations at its oils fields located internationally, operating natural gas pipeline mainly providing support services to the oil and gas industry, and offers processing and storage facilities of liquified natural gas(LNG), and sale of sale of LNG and liquified petroleum gas across China. The Group is engaged in a broad range of oil and gas related activities and derives its revenue from its four operating segments: Natural Gas Sales, Sales of LPG, LNG Processing and Terminal and Exploration and Production.

Kunlun Energy Co (Kunlun Energy Co) Headlines

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