BYD Co (BYD Co) Cash, Cash Equivalents, Marketable Securities : $13,356 Mil (As of Mar. 2024)

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What is BYD Co Cash, Cash Equivalents, Marketable Securities?

BYD Co's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 ($9,094.61 Mil) to Dec. 2023 ($16,618.16 Mil) but then stayed the same from Dec. 2023 ($16,618.16 Mil) to Mar. 2024 ($13,355.76 Mil).

BYD Co's annual cash, cash equivalents, marketable securities increased from Dec. 2021 ($8,802.09 Mil) to Dec. 2022 ($10,341.55 Mil) and increased from Dec. 2022 ($10,341.55 Mil) to Dec. 2023 ($16,618.16 Mil).

BYD Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for BYD Co's Cash, Cash Equivalents, Marketable Securities 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.

* Premium members only.

BYD Co Cash, Cash Equivalents, Marketable Securities Chart

BYD Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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1,808.52

2,208.96

8,802.09

10,341.55

16,618.16

BYD Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															9,681.54	12,968.93	9,094.61	16,618.16	13,355.76

BYD Co Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

BYD Co (OTCPK:BYDDY) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

BYD Co Cash, Cash Equivalents, Marketable Securities Related Terms

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BYD Co (BYD Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » BYD Co Ltd (OTCPK:BYDDY) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

BYDDF:USA 01211:Hong Kong 0VSO:UK BY6:Germany 002594:China BY6:Austria

Address

No. 3009, BYD Road, Pingshan, Guangdong Province, Shenzhen, CHN, 518118

Website

https://www.byd.com

Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold more than 1.8 million passenger NEVs in 2022, accounting for about 28% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.