Companies: 10,795·Total market cap: $144.5T
Encore Wire Corporation

Encore Wire Corporation

WIRENASDAQIndustrials
$289.84
+$0.01(+0.00%)
Market Cap$4.6B
P/E Ratio—
52W High$295.9
52W Low$150.51
Overview

Encore Wire Corporation (WIRE) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

WIRE · cash on hand · updated Dec 31, 2023

Core cash position

Cash & Short-Term Investments (CCE + ST Investments)
$560.6M▼ -23.3% vs prior year
FY · as of Dec 31, 2023 · Reported in USD
Cash & Cash Equiv. (CCE)
$560.6M
cashAndCashEquivalents
Short-Term Investments
$0
shortTermInvestments
YoY Change vs Prior Year
-23.3%
vs prior fiscal year
Latest Quarter
$614.1M
Q1 2024
Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2023

Net cash vs debt

Cash & ST Investments$560.6MCash on Hand
Total Debt$0Total Debt
Net Cash / Net Debt+$560.6MNet Cash Position
Cash vs Debt Ratio
Cash 100%Debt 0%

Encore Wire Corporation has a net cash position of $560.6M, holding more cash than debt.

Net Cash = Cash & ST Investments − Total Debt$560.6M − $0 = +$560.6M

Cash on hand history

YoY Increase
YoY Decrease
Latest Year
WIRE annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

DateCash & ST InvestmentsYoY Change
Dec 31, 2023Latest$560.6M-23.3%
Dec 31, 2022$730.6M+66.4%
Dec 31, 2021$439.0M+139.7%
Dec 31, 2020$183.1M-20.7%
Dec 31, 2019$231.0M+29.5%
WIRE cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Industrials Sector Cash Reserves Comparison

#CompanyCash & ST Inv.Cash/MCap
#1
The Boeing Company
The Boeing Company
BA
$29.40B17.1%#2
GE Aerospace
GE Aerospace
GE
$12.39B3.6%#3
Caterpillar Inc.
Caterpillar Inc.
CAT
$9.98B2.3%#4
RTX Corporation
RTX Corporation
RTX
$7.43B3.1%
#5
Encore Wire Corporation
Encore Wire CorporationYOU
WIRE
$560.6M12.2%
Industrials sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

Encore Wire Corporation (WIRE) cash on hand as of December 31, 2023 is $560.6M, comprising $560.6M in cash and cash equivalents (CCE) plus $0 in short-term investments — reported as Encore Wire Corporation cash and short-term investments on the balance sheet (10-K filing). Also referred to as Encore Wire Corporation cash reserves or cash position.

Encore Wire Corporation annual cash on hand history shows decreased -23.3% in 2023: decreased -23.3% in 2023. Encore Wire Corporation cash reserves in 2023 reflect the company's capital allocation strategy.

Encore Wire Corporation carries total debt of $0 against cash of $560.6M, resulting in a net cash position of +$560.6M. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.
Financial statementsFree cash flowNet incomeRevenueMarket capP/E ratioEarningsPrice history

Frequently asked questions

WIRE cash on hand · 5 questions

As of December 31, 2023, Encore Wire Corporation (WIRE) has $560,635,000 in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $560,635,000 in cash and cash equivalents (CCE) plus $0 in short-term investments. Latest quarter (March 31, 2024): $614,088,000. Data sourced from the annual 10-K filing via FMP.

WIRE cash on handWIRE cash reservesWIRE cash 2023how much cash does WIRE have

▸ Source: FMP /balance-sheet-statement · US GAAP · Encore Wire Corporation · Encore Wire Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2023