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Daphne International Holdings Cash, Cash Equivalents, Marketable Securities

: $29.17 Mil (As of Dec. 2021)
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Daphne International Holdings's quarterly cash, cash equivalents, marketable securities declined from Dec. 2020 ($16.07 Mil) to Jun. 2021 ($15.80 Mil) but then increased from Jun. 2021 ($15.80 Mil) to Dec. 2021 ($29.17 Mil).

Daphne International Holdings's annual cash, cash equivalents, marketable securities declined from Dec. 2019 ($23.33 Mil) to Dec. 2020 ($16.07 Mil) but then increased from Dec. 2020 ($16.07 Mil) to Dec. 2021 ($29.17 Mil).


Daphne International Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Daphne International Holdings's Cash, Cash Equivalents, Marketable Securities 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.

Daphne International Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash, Cash Equivalents, Marketable Securities
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.99 23.85 23.33 16.07 29.17

Daphne International Holdings Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
Cash, Cash Equivalents, Marketable Securities Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.33 12.02 16.07 15.80 29.17

Daphne International Holdings Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.


Daphne International Holdings  (OTCPK:DPNEY) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.


Daphne International Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Daphne International Holdings Business Description

Daphne International Holdings logo
Traded in Other Exchanges
Address
99 Shaohong Road, Unit 601, 6th Floor, Tower 5, The Hub, Minhang District, Shanghai, CHN
Daphne International Holdings Ltd is a footwear manufacturer in China. The company derives revenue from distribution, retailing and licensing of footwear products and accessories in Mainland China.

Daphne International Holdings Headlines

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