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SES AI (SES AI) Cash And Cash Equivalents : $129.61 Mil (As of Mar. 2024)


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What is SES AI Cash And Cash Equivalents?

SES AI's quarterly cash and cash equivalents increased from Sep. 2023 ($49.94 Mil) to Dec. 2023 ($85.67 Mil) and increased from Dec. 2023 ($85.67 Mil) to Mar. 2024 ($129.61 Mil).

SES AI's annual cash and cash equivalents declined from Dec. 2021 ($160.50 Mil) to Dec. 2022 ($106.62 Mil) and declined from Dec. 2022 ($106.62 Mil) to Dec. 2023 ($85.67 Mil).


SES AI Cash And Cash Equivalents Historical Data

The historical data trend for SES AI'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.

SES AI Cash And Cash Equivalents Chart

SES AI Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
25.40 2.44 160.50 106.62 85.67

SES AI Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.98 51.47 49.94 85.67 129.61

SES AI 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.


SES AI  (NYSE:SES) 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.


SES AI Cash And Cash Equivalents Related Terms

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SES AI (SES AI) Business Description

Traded in Other Exchanges
N/A
Address
35 Cabot Road, Woburn, MA, USA, 01801
SES AI Corp is engaged in the development and initial production of high-performance Lithium-Metal (Li-Metal) rechargeable battery technologies for electric vehicles (EVs), electric vehicle take-off and landing (eVTOL), and other applications. The company is an integrated Li-Metal battery manufacturer with capabilities in material, cell, module, AI-powered safety algorithms, and recycling.
Executives
Jing Nealis officer: Chief Financial Officer 1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Rohit Makharia officer: Pres. & Chief Op. Officer 1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Hong Gan officer: Chief Science Officer 1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Anirvan Coomer director 35 CABOT ROAD, WOBURN MA 01801
Yongkyu Son officer: Chief Technology Officer 1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Kyle Pilkington officer: Chief Legal Officer 35 CABOT ROAD, WOBURN MA 01801
Qichao Hu director, 10 percent owner, officer: CEO & Chairman 1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Gang Li officer: Chief Manufacturing Officer 35 CABOT ROAD, WOBURN MA 01801
Tianqi Lithium Hk Co., Ltd. 10 percent owner NO. 10 EAST GAOPENG ROAD, CHENGDU, SICHUAN F4 610041
Joanne Ban officer: Chief Legal & Corp. Officer 1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Robert M Friedland director 150 BEACH ROAD #25-03, THE GATEWAY WEST, SINGAPORE U0 189720
Temasek Holdings (private) Ltd 10 percent owner 60B ORCHARD ROAD #06-18 TOWER 2, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Tembusu Capital Pte. Ltd. 10 percent owner 60B ORCHARD ROAD #06-18, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Sk Inc. 10 percent owner 26, JONG-RO, JONGNO-GU, SEOUL M5 03188
Jangwook Choi director 1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542