Center Laboratories (ROCO:4123) Cash And Cash Equivalents : NT$2,143 Mil (As of Mar. 2024)

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What is Center Laboratories Cash And Cash Equivalents?

Center Laboratories's quarterly cash and cash equivalents declined from Sep. 2023 (NT$1,752.68 Mil) to Dec. 2023 (NT$1,704.59 Mil) but then increased from Dec. 2023 (NT$1,704.59 Mil) to Mar. 2024 (NT$2,143.13 Mil).

Center Laboratories's annual cash and cash equivalents increased from Dec. 2021 (NT$267.46 Mil) to Dec. 2022 (NT$796.74 Mil) and increased from Dec. 2022 (NT$796.74 Mil) to Dec. 2023 (NT$1,704.59 Mil).

Center Laboratories Cash And Cash Equivalents Historical Data

The historical data trend for Center Laboratories'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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Center Laboratories Cash And Cash Equivalents Chart

Center Laboratories Annual Data

Trend

Dec14

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Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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666.11

923.38

267.46

796.74

1,704.59

Center Laboratories 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															1,706.09	1,068.58	1,752.68	1,704.59	2,143.13

Center Laboratories 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.

Center Laboratories (ROCO:4123) 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.

Center Laboratories Cash And Cash Equivalents Related Terms

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Center Laboratories (ROCO:4123) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Center Laboratories Inc (ROCO:4123) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

No. 3-2, Park Street, 7th floor, Nangang District, Taipei, TWN

Website

https://www.centerlab.com.tw

Center Laboratories Inc is active in the healthcare sector. The company provides solutions to special medication needs of infants, young children, the elderly, patients with dysphagia and special population. In addition to the diversification of new formulations of oral solution, Center Laboratories is dedicated to new drug development of CNS and pain treatment.

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