Top Companies by Net Cash in Energy
Largest public companies ranked by net cash in Energy on a latest reported quarter basis. Compare top issuers, sector peers and historical context on…
How net cash is measured
Net cash is the most-recent-quarter cash and short-term investments minus total debt (short-term plus long-term borrowings). Only companies with positive net cash appear on this leaderboard — those whose liquid balance covers every dollar of debt with cash to spare. The figure is a single point-in-time snapshot rather than a trailing aggregate.
Net cash is balance-sheet optionality: it funds buybacks during a sell-off, dividends in a downturn, M&A without dilution. Read alongside cash on hand and total debt to see the gross composition. Values use the quarter-end (closing) FX rate to translate non-USD balance sheets into U.S. dollars (IAS 21). Rankings USD translation methodology · IFRS IAS 21 (official)
Snapshot from each company's most recent quarterly balance sheet, as of .
Sector scopeEnergyChange sectorChange sector
Top companies by Net Cash — Energy
- First Solar
FSLR
- Sector
- Energy
- Net Cash
- $2.36B
- As of
- Sector
- Energy
- Net Cash
- $1.34B
- As of
- Enphase Energy
ENPH
- Sector
- Energy
- Net Cash
- $930.64M
- As of
- Sector
- Energy
- Net Cash
- $112.46M
- As of
| # | Company | Sector | Net Cash | As of |
|---|---|---|---|---|
| 1 | First Solar (FSLR) | Energy | $2.36B | |
| 2 | Expand Energy (EXE) | Energy | $1.34B | |
| 3 | Enphase Energy (ENPH) | Energy | $930.64M | |
| 4 | Texas Pacific Land (TPL) | Energy | $112.46M |