Just Energy Group (Just Energy Group) Cash And Cash Equivalents : $182 Mil (As of Sep. 2022)

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What is Just Energy Group Cash And Cash Equivalents?

Just Energy Group's quarterly cash and cash equivalents increased from Mar. 2022 ($125.76 Mil) to Jun. 2022 ($220.96 Mil) but then stayed the same from Jun. 2022 ($220.96 Mil) to Sep. 2022 ($182.02 Mil).

Just Energy Group's annual cash and cash equivalents increased from Mar. 2020 ($18.40 Mil) to Mar. 2021 ($171.76 Mil) but then declined from Mar. 2021 ($171.76 Mil) to Mar. 2022 ($125.76 Mil).

Just Energy Group Cash And Cash Equivalents Historical Data

The historical data trend for Just Energy Group'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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Just Energy Group Cash And Cash Equivalents Chart

Just Energy Group Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Cash And Cash Equivalents

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37.84

7.41

18.40

171.76

125.76

Just Energy Group Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash And Cash Equivalents	Get a 7-Day Free Trial															156.76	137.56	125.76	220.96	182.02

Just Energy Group 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.

Just Energy Group (OTCPK:JE) 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.

Just Energy Group Cash And Cash Equivalents Related Terms

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Just Energy Group (Just Energy Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Just Energy Group Inc (OTCPK:JE) » Definitions » Cash And Cash Equivalents

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Address

100 King Street West, Suite 2630, First Canadian Place, Toronto, ON, CAN, M5X 1E1

Website

https://investors.justenergy.com

Just Energy Group Inc is a retail energy provider specializing in electricity and natural gas commodities and bringing energy-efficient solutions and renewable energy options to customers. Geographically, the company is operating in the United States and Canada, Just Energy serves residential and commercial customers.