Amtech Systems (Amtech Systems) Cash And Cash Equivalents : $17.0 Mil (As of Dec. 2023)

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What is Amtech Systems Cash And Cash Equivalents?

Amtech Systems's quarterly cash and cash equivalents declined from Jun. 2023 ($14.31 Mil) to Sep. 2023 ($13.13 Mil) but then increased from Sep. 2023 ($13.13 Mil) to Dec. 2023 ($17.03 Mil).

Amtech Systems's annual cash and cash equivalents increased from Sep. 2021 ($32.84 Mil) to Sep. 2022 ($46.87 Mil) but then declined from Sep. 2022 ($46.87 Mil) to Sep. 2023 ($13.13 Mil).

Amtech Systems Cash And Cash Equivalents Historical Data

The historical data trend for Amtech Systems's Cash And Cash Equivalents 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.

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Amtech Systems Cash And Cash Equivalents Chart

Amtech Systems Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash And Cash Equivalents

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52.98

45.07

32.84

46.87

13.13

Amtech Systems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															44.53	17.73	14.31	13.13	17.03

Amtech Systems Cash And Cash Equivalents 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.

Amtech Systems (NAS:ASYS) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Amtech Systems Cash And Cash Equivalents Related Terms

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Amtech Systems (Amtech Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Amtech Systems Inc (NAS:ASYS) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

AS3:Germany

Address

131 South Clark Drive, Tempe, AZ, USA, 85288

Website

http://www.amtechsystems.com

Amtech Systems Inc is a manufacturer of capital equipment, including thermal processing and wafer polishing, and related consumables used in fabricating semiconductor devices, such as silicon carbide (SiC) and silicon power chips, electronic assemblies, and light-emitting diodes (LEDs). the company has two segments; Semiconductor; it designs, manufactures, sells, and services thermal processing equipment and related controls for use by semiconductor manufacturers, and in electronics, automotive, and other industries; and Material and Substrate - it produces consumables and machinery for lapping (fine abrading) and polishing of materials, such as sapphire substrates, optical components, silicon wafers, numerous types of crystal materials, ceramics and metal components.

Executives

Robert C Daigle	director	C/O: ROGERS CORPORATION, ONE TECHNOLOGY DRIVE PO BOX 188, ROGERS CT 06263-0188
Robert M Averick	director, 10 percent owner	KOKINO LLC, 201 TRESSER BOULEVARD, 3RD FLOOR, STAMFORD CT 06901
Michael M Ludwig	director	C/O AMTECH SYSTEMS, INC., 131 S CLARK DRIVE, TEMPE AZ 85288
Michael Whang	officer: Vice President of Operations	131 S CLARK DRIVE, TEMPE AZ 85281
Jong S Whang	director, officer: Executive Chairman
Robert F King	director	C/O AMTECH SYSTEMS INC, 131 SOUTH CLARK DRIVE, TEMPE AZ 85281
Lisa Gibbs	officer: VP & Chief Accounting Officer	131 S CLARK DRIVE, TEMPE AZ 85281
Robert T Hass	officer: Interim CFO	C/O AMTECH SYSTEMS INC, 131 SOUTH CLARK DRIVE, TEMPE AZ 85281
Cornice Fiduciary Management Llc	10 percent owner	C/O WILLOW STREET GROUP, LLC, 270 W. PEARL AVENUE, SUITE 104, JACKSON WY 83001
Fokko Pentinga	director, officer: President and CEO	TEMPRESS SYSTEMS, B.V., RADEWEG 31, VAASSEN P7 8171 MD
Wansem Paul J Van Der	director, officer: See Remarks	597 LOWELL ROAD, CONCORD MA 01742
Michael Garnreiter	director	6735 E. GREENWAY PARKWAY, UNIT #2049, SCOTTSDALE AZ 85254
Sukesh Mohan	director	C/O EL CAMINO TECHNOLOGIES LLC, 6200 STONERIDGE MALL ROAD, SUITE 300, PLEASANTON CA 94588
Bradley Clark Anderson	officer: Chief Financial Officer	131 SOUTH CLARK DRIVE, TEMPE AZ 85281
Goudena Egbert J. G.	director	131 SOUTH CLARK DRIVE, TEMPE AZ 85281