Tantech Holdings (Tantech Holdings) Cash, Cash Equivalents, Marketable Securities : $24.72 Mil (As of Jun. 2023)

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What is Tantech Holdings Cash, Cash Equivalents, Marketable Securities?

Tantech Holdings's quarterly cash, cash equivalents, marketable securities increased from Jun. 2022 ($10.80 Mil) to Dec. 2022 ($18.98 Mil) and increased from Dec. 2022 ($18.98 Mil) to Jun. 2023 ($24.72 Mil).

Tantech Holdings's annual cash, cash equivalents, marketable securities increased from Dec. 2020 ($37.12 Mil) to Dec. 2021 ($43.14 Mil) but then declined from Dec. 2021 ($43.14 Mil) to Dec. 2022 ($18.98 Mil).

Tantech Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Tantech 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.

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Tantech Holdings Cash, Cash Equivalents, Marketable Securities Chart

Tantech Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

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7.75

12.44

37.12

43.14

18.98

Tantech Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															40.71	43.14	10.80	18.98	24.72

Tantech 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.

Tantech Holdings (NAS:TANH) 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.

Tantech Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Tantech Holdings (Tantech Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tantech Holdings Ltd (NAS:TANH) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Tantech Holdings (Lishui) Co., Ltd, No. 10 Cen Shan Road, Shuige Industrial Zone, Zhejiang Province, Lishui, CHN, 323000

Website

http://www.tantech.cn

Tantech Holdings Ltd manufactures bamboo charcoal-based products. The company through its subsidiaries is engaged in the production and distribution of household products along with a trading business which involves the export of charcoal products. It also manufactures electric double-layer capacitors carbon materials and low-emission barbecue charcoal. Its product portfolio includes air purifiers and humidifiers, underfloor humidity control, pillows and mattresses, wardrobe deodorizers, mousepads, and wrist mats, refrigerator deodorant, and charcoal toilet cleaner disks. The company has three reportable segments; the Consumer Product segment, the Electric Vehicle (EV) segment, and the Biodegradable Packaging segment.