Lat Co (XKRX:311060) Cash And Cash Equivalents : ₩3,390 Mil (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Lat Co Cash And Cash Equivalents?

Lat Co's quarterly cash and cash equivalents declined from Dec. 2021 (₩2,629.11 Mil) to Dec. 2022 (₩2,133.57 Mil) but then increased from Dec. 2022 (₩2,133.57 Mil) to Dec. 2023 (₩3,390.06 Mil).

Lat Co's annual cash and cash equivalents declined from Dec. 2021 (₩2,629.11 Mil) to Dec. 2022 (₩2,133.57 Mil) but then increased from Dec. 2022 (₩2,133.57 Mil) to Dec. 2023 (₩3,390.06 Mil).

Lat Co Cash And Cash Equivalents Historical Data

The historical data trend for Lat 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.

Lat Co Cash And Cash Equivalents Chart

Lat Co Annual Data

Trend

Dec21

Dec22

Dec23

Cash And Cash Equivalents

2,629.11

2,133.57

3,390.06

Lat Co Semi-Annual Data
	Dec21	Dec22	Dec23
Cash And Cash Equivalents	2,629.11	2,133.57	3,390.06

Lat 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.

Lat Co (XKRX:311060) 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.

Lat Co Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Lat Co's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Lat Co (XKRX:311060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lat Co Ltd (XKRX:311060) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

766-2 Gosaek-dong, Gwonseon-gu, Pyeong-dong, Gyeonggi-do, 1433-100, Suwon, KOR, 16643

Website

http://www.latplasma.com

Lat Co Ltd is a Korean company which operates in the vacuum equipment industry. It manufactures semiconductor and display equipment, while its products offerings include Vacuum deposition equipment, Heat treatment devices, etching devices, fusion compound devices, and other devices. It offers products for industries including solar cells (MEMS, PACKAGE, PCB), displays (AMOLED, LCD), and renewable energy (crystalline, thin film solar cells).

Lat Co (XKRX:311060) Headlines

No Headlines