BYD Co (BYD Co) Cash And Cash Equivalents : $15,279 Mil (As of Dec. 2023)

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What is BYD Co Cash And Cash Equivalents?

BYD Co's quarterly cash and cash equivalents declined from Jun. 2023 ($11,144.65 Mil) to Sep. 2023 ($7,640.52 Mil) but then increased from Sep. 2023 ($7,640.52 Mil) to Dec. 2023 ($15,278.90 Mil).

BYD Co's annual cash and cash equivalents declined from Dec. 2021 ($7,921.92 Mil) to Dec. 2022 ($7,382.89 Mil) but then increased from Dec. 2022 ($7,382.89 Mil) to Dec. 2023 ($15,278.90 Mil).

BYD Co Cash And Cash Equivalents Historical Data

The historical data trend for BYD Co'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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BYD Co Cash And Cash Equivalents Chart

BYD Co Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1,803.63

2,208.96

7,921.92

7,382.89

15,278.90

BYD Co 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															7,382.89	8,167.78	11,144.65	7,640.52	15,278.90

BYD Co 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.

BYD Co (OTCPK:BYDDF) 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.

BYD Co Cash And Cash Equivalents 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:BYDDF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

BYDDY: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.