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China Green Agriculture Cash And Cash Equivalents

: $22.0 Mil (As of Sep. 2021)
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China Green Agriculture's quarterly cash and cash equivalents increased from Mar. 2021 ($5.08 Mil) to Jun. 2021 ($18.59 Mil) and increased from Jun. 2021 ($18.59 Mil) to Sep. 2021 ($22.02 Mil).

China Green Agriculture's annual cash and cash equivalents declined from Jun. 2019 ($72.26 Mil) to Jun. 2020 ($11.84 Mil) but then increased from Jun. 2020 ($11.84 Mil) to Jun. 2021 ($18.59 Mil).


China Green Agriculture Cash And Cash Equivalents Historical Data

The historical data trend for China Green Agriculture'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.

China Green Agriculture Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Cash And Cash Equivalents
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 123.03 150.81 72.26 11.84 18.59

China Green Agriculture Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Cash And Cash Equivalents 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 12.83 9.83 5.08 18.59 22.02

China Green Agriculture 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.


China Green Agriculture  (NYSE:CGA) 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.


China Green Agriculture Cash And Cash Equivalents Related Terms

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


China Green Agriculture Business Description

China Green Agriculture logo
Industry
Basic Materials » Agriculture NAICS : 325320 SIC : 2879
Traded in Other Exchanges
Address
South Taibai Road, 3rd Floor, Borough A, Block A. No. 181, Shaanxi Province, Xi’an, CHN, 710065
China Green Agriculture Inc is engaged in the business of fertilizer and agricultural products. It involves the research, development, production, distribution, and sale of humic acid-based compound fertilizer, blended fertilizer, organic compound fertilizer, slow-release fertilizers, concentrated water-soluble fertilizers, and mixed organic-inorganic compound fertilizer and the development, production, and distribution of agricultural products, such as top-grade fruits, vegetables, flowers and colored seedlings in China. The company operates in four segments: Fertilizer products (Jinong), Fertilizer products (Gufeng), agricultural products (Yuxing), and Sales VIEs(variable interest entities). All of its operations are conducted in China.
Executives
Shi Yiru director 1217 S CATALINA AVENUE REDONDO BEACH CA 90277
Shen Jianlei director 3RD FLOOR, BOROUGH A, BLOCK A. NO. 181 SOUTH TAIBAI ROAD XI?AN, SHAANXI PROVINCE F4 PRC 710065
Fan Ale director 3RD FLOOR, BOROUGH A, BLOCK A. NO. 181 SOUTH TAIBAI ROAD XI?AN, SHAANXI PROVINCE F4 PRC 710065
Zhang Yizhao director 45 OLD MILLSTONE DRIVE, NIT 6 EAST WINDSOR NJ 08520
Fields Robert B director 215 EAST 68TH STREET NEW YORK NY 10021
Raeburn Barry L director C/O FUSHI INTERNATIONAL INC. 1 SHUANGQIANG ROAD, JINZHOU DALIAN F4 116100
To Yinshing David 10 percent owner 45 OLD MILLSTONE DR, UNIT 6 EAST WINDSOR NJ 08520
Schwartz Sanford other: Former Officer & 10% Owner 5353 MANHATTAN CIRCLE STE 101 BOULDER CO 80303
Friess Michael other: Former Officer & 10% Owner 5353 MANHATTAN CIRCLE STE 101 BOULDER CO 80303
Venette John H director, officer: CFO & Treasurer 5353 MANHATTAN CIRCLE SUITE 101 BOULDER CO 80303
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