Lihua International (Lihua International) Cash And Cash Equivalents : $203.4 Mil (As of Dec. 2013)

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What is Lihua International Cash And Cash Equivalents?

Lihua International's quarterly cash and cash equivalents increased from Jun. 2013 ($180.92 Mil) to Sep. 2013 ($188.27 Mil) and increased from Sep. 2013 ($188.27 Mil) to Dec. 2013 ($203.41 Mil).

Lihua International's annual cash and cash equivalents increased from Dec. 2011 ($105.64 Mil) to Dec. 2012 ($144.30 Mil) and increased from Dec. 2012 ($144.30 Mil) to Dec. 2013 ($203.41 Mil).

Lihua International Cash And Cash Equivalents Historical Data

The historical data trend for Lihua International'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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Lihua International Cash And Cash Equivalents Chart

Lihua International Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Cash And Cash Equivalents

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34.62

90.61

105.64

144.30

203.41

Lihua International Quarterly Data
	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Cash And Cash Equivalents	Get a 7-Day Free Trial															144.30	168.93	180.92	188.27	203.41

Lihua International 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.

Lihua International (OTCPK:LIWA) 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.

Lihua International Cash And Cash Equivalents Related Terms

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Lihua International (Lihua International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lihua International Inc (OTCPK:LIWA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Houxiang Five Star Industry District, Danyang City, Jiangsu, CHN, 212312

Website

http://www.lihuaintl.com

Lihua International Inc develops, designs, manufactures, markets and distributes copper products. Its products are Copper anode, Copper rod and Copper wire, Cable and Magnet wire and Copper clad aluminium superfine wire. The company operates mainly in China. Its customers include large copper cathode producers in China, down stream manufacturers including fine and superfine wire processors, small and micro-electronic motor manufacturers.

Executives

Robert C Bruce	director	56 EVERGREEN DRIVE, PORTLAND ME 04103
Yang Yu	officer: EVP of Finance	561 XIAN FENG ROAD, HARBIN HEILONGJIANG XX 1540000
Michael Rapp	director, 10 percent owner, officer: President	712 FIFTH AVENUE, 49TH FLOOR, NEW YORK NY 10019
Philip Wagenheim	director, 10 percent owner, officer: Secretary	712 FIFTH AVENUE, 49TH FLOOR, NEW YORK NY 10019
Chapman Clifford W. Jr.	director, 10 percent owner	10 WARREN AVENUE, SPRING LAKE NJ 07762

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