Verbund AG (Verbund AG) Beginning Cash Position : $908 Mil (As of Dec. 2023)

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What is Verbund AG Beginning Cash Position?

Verbund AG's Beginning Cash Position for the quarter that ended in Dec. 2023 was $908 Mil.

Verbund AG's quarterly Beginning Cash Position declined from Jun. 2023 ($1,151 Mil) to Sep. 2023 ($422 Mil) but then increased from Sep. 2023 ($422 Mil) to Dec. 2023 ($908 Mil).

Verbund AG's annual Beginning Cash Position increased from Dec. 2021 ($56 Mil) to Dec. 2022 ($337 Mil) and increased from Dec. 2022 ($337 Mil) to Dec. 2023 ($446 Mil).

Verbund AG Beginning Cash Position Historical Data

The historical data trend for Verbund AG's Beginning Cash Position 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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Verbund AG Beginning Cash Position Chart

Verbund AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Beginning Cash Position

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43.72

54.30

55.60

337.46

446.29

Verbund AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Beginning Cash Position	Get a 7-Day Free Trial															516.17	438.12	1,151.25	422.31	907.58

Verbund AG Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

Verbund AG Beginning Cash Position Related Terms

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Verbund AG (Verbund AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Verbund AG (OTCPK:OEZVY) » Definitions » Beginning Cash Position

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Traded in Other Exchanges

OEZVF:USA VERv:UK 0NR1:UK OEWA:Germany VER:Czech Republic VER:Austria

Address

Am Hof 6a, Vienna, AUT, 1010

Website

https://www.verbund.com

Founded in 1947 through a nationalization act, Verbund is the leading power producer in Austria. The Austrian state owns 51% of its capital. Hydro accounts for more than 90% of the total power output. Hydro power is generated from reservoirs and pumped storage plants in the Austrian Alps, and run-of-river plants in Austria and southern Germany. Total hydro capacity amounts to 8.4 GW. Verbund also owns the Austrian electricity grid through its fully owned subsidiary AP. In 2021, the firm acquired 51% of Gas Connect Austria, a gas transmission and distribution system operator. The group also owns one CCGT and is involved in trading and development of wind and solar capacity.