Hokkaido Electric Power Co (TSE:9509) Cash And Cash Equivalents : 円87,369 Mil (As of Dec. 2023)

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What is Hokkaido Electric Power Co Cash And Cash Equivalents?

Hokkaido Electric Power Co's quarterly cash and cash equivalents increased from Jun. 2023 (円96,099.00 Mil) to Sep. 2023 (円121,225.00 Mil) but then stayed the same from Sep. 2023 (円121,225.00 Mil) to Dec. 2023 (円87,369.00 Mil).

Hokkaido Electric Power Co's annual cash and cash equivalents increased from Mar. 2022 (円88,894.00 Mil) to Mar. 2023 (円89,867.00 Mil) and increased from Mar. 2023 (円89,867.00 Mil) to Mar. 2024 (円110,709.00 Mil).

Hokkaido Electric Power Co Cash And Cash Equivalents Historical Data

The historical data trend for Hokkaido Electric Power 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.

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Hokkaido Electric Power Co Cash And Cash Equivalents Chart

Hokkaido Electric Power Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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57,490.00

83,767.00

88,894.00

89,867.00

110,709.00

Hokkaido Electric Power Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	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															89,867.00	96,099.00	121,225.00	87,369.00	110,709.00

Hokkaido Electric Power 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.

Hokkaido Electric Power Co (TSE:9509) 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.

Hokkaido Electric Power Co Cash And Cash Equivalents Related Terms

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Hokkaido Electric Power Co (TSE:9509) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Hokkaido Electric Power Co Inc (TSE:9509) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

9509:Japan

Address

2, Higashi 1-chome, Odori, Chuo-ku, Sapporo, Hokkaido, JPN, 060-8677

Website

http://www.hepco.co.jp

Hokkaido Electric Power Co, Inc. or HEPCO, is a Japanese electric utility that serves the northernmost island of Hokkaido. HEPCO is involved in the generation, transmission, and distribution of electric energy on the island. The company utilizes a portfolio of hydroelectric, steam, gas, internal combustion, nuclear, geothermal, and solar power plants to do this. While Most of HEPCO's sites are hydroelectric, the company's fossil fuel facilities represent the vast majority of its total energy production and production capacity. Hokkaido Electric Power's electric utility business is responsible for nearly all of its revenue with sales split mainly between residential and commercial/industrial customer groups. Most electrical output, however, is transmitted to residential customers.

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