What is Devon Energy's cash & equivalents?

Devon Energy (DVN) reported cash & equivalents of $2.32B in Q3 2021.

What does cash & equivalents mean?

Money in the bank and very short-term investments that can be turned into cash almost instantly.

Cash & Equivalents

Devon Energy Cash & Equivalents increased by 50.8% to $2.32B in Q3 2021 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement

SectionCurrent Assets

CategoryLiquidity

SignalHigher is better

VolatilityModerate

First reportedQ4 2012

Last reportedQ1 2026

How to read this metric

An increase signals improved liquidity and financial flexibility, while a decrease may indicate heavy capital expenditure, debt repayment, or aggressive share buybacks.

Detailed definition

Represents the most liquid assets on the balance sheet, including physical currency and short-term investments with matu...

Peer comparison

Large-cap technology peers often maintain high cash balances to fund rapid innovation and offset the cyclical nature of consumer electronics.

Metric ID: cash_and_equivalents

Historical Data

2 periods

	Q2 '21	Q3 '21
Value	$1.54B	$2.32B
QoQ Change	—	+50.8%

Range$1.54B – $2.32B

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Frequently Asked Questions

What is Devon Energy's cash & equivalents?: Devon Energy (DVN) reported cash & equivalents of $2.32B in Q3 2021.
What does cash & equivalents mean?: Money in the bank and very short-term investments that can be turned into cash almost instantly.