Cash & Equivalents
Constellation Energy Cash & Equivalents increased by 347.6% to $1.89B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 58.5%, from $1.19B to $1.89B. Over 2 years (FY 2020 to FY 2022), Cash & Equivalents shows an upward trend with a 36.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
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.
cash_and_equivalentsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $542.00M | $1.96B | $504.00M | $1.61B | $806.00M | $1.19B | $422.00M | $1.89B |
| QoQ Change | — | +261.1% | -74.2% | +218.5% | -49.8% | +47.9% | -64.6% | +347.6% |
| YoY Change | — | — | — | — | +48.7% | -39.1% | -16.3% | +58.5% |
Cash & Equivalents at Other Companies
Frequently Asked Questions
- What is Constellation Energy's cash & equivalents?
- Constellation Energy (CEG) reported cash & equivalents of $1.89B in Q3 2023.
- How has Constellation Energy's cash & equivalents changed year-over-year?
- Constellation Energy's cash & equivalents increased by 58.5% year-over-year, from $1.19B to $1.89B.
- What is the long-term trend for Constellation Energy's cash & equivalents?
- Over 2 years (2020 to 2022), Constellation Energy's cash & equivalents has grown at a 36.6% compound annual growth rate (CAGR), from $226.00M to $422.00M.
- What does cash & equivalents mean?
- Money in the bank and very short-term investments that can be turned into cash almost instantly.