Anhui Expressway Co (Anhui Expressway Co) Cash And Cash Equivalents : $662.9 Mil (As of Mar. 2024)

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What is Anhui Expressway Co Cash And Cash Equivalents?

Anhui Expressway Co's quarterly cash and cash equivalents declined from Sep. 2023 ($695.16 Mil) to Dec. 2023 ($552.86 Mil) but then increased from Dec. 2023 ($552.86 Mil) to Mar. 2024 ($662.87 Mil).

Anhui Expressway Co's annual cash and cash equivalents increased from Dec. 2021 ($677.97 Mil) to Dec. 2022 ($678.67 Mil) but then declined from Dec. 2022 ($678.67 Mil) to Dec. 2023 ($552.86 Mil).

Anhui Expressway Co Cash And Cash Equivalents Historical Data

The historical data trend for Anhui Expressway 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.

* Premium members only.

Anhui Expressway Co Cash And Cash Equivalents Chart

Anhui Expressway Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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301.37

351.38

677.97

678.67

552.86

Anhui Expressway Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															819.05	733.72	695.16	552.86	662.87

Anhui Expressway 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.

Anhui Expressway Co (OTCPK:AUHEF) 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.

Anhui Expressway Co Cash And Cash Equivalents Related Terms

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Anhui Expressway Co (Anhui Expressway Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Anhui Expressway Co Ltd (OTCPK:AUHEF) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

00995:Hong Kong HU7:Germany 600012:China

Address

No. 520, West Wangjiang Road, Anhui, Hefei, CHN, 230088

Website

https://www.anhui-expressway.net

Anhui Expressway Co Ltd is engaged in the investment, construction, operation and management of toll roads within Anhui province. The Company acquires operating expressway assets through various means such as investment and construction, acquisition or cooperative operation. The Company provides toll service for vehicles, collects vehicles toll according to the charging standard and maintains, repairs and carries out safety maintenance for the operating expressways. All of the company's external revenue is derived from customers based in Mainland China.

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