Trina Solar Co (Trina Solar Co) Cash And Cash Equivalents : $3,302 Mil (As of Mar. 2024)

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What is Trina Solar Co Cash And Cash Equivalents?

Trina Solar Co's quarterly cash and cash equivalents declined from Sep. 2023 ($3,703.20 Mil) to Dec. 2023 ($3,410.21 Mil) but then stayed the same from Dec. 2023 ($3,410.21 Mil) to Mar. 2024 ($3,301.53 Mil).

Trina Solar Co's annual cash and cash equivalents increased from Dec. 2021 ($1,678.38 Mil) to Dec. 2022 ($2,745.81 Mil) and increased from Dec. 2022 ($2,745.81 Mil) to Dec. 2023 ($3,410.21 Mil).

Trina Solar Co Cash And Cash Equivalents Historical Data

The historical data trend for Trina Solar 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.

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Trina Solar Co Cash And Cash Equivalents Chart

Trina Solar Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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830.87

1,441.95

1,678.38

2,745.81

3,410.21

Trina Solar Co 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															3,294.92	3,507.40	3,703.20	3,410.21	3,301.53

Trina Solar 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.

Trina Solar Co (NYSE:TSL) 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.

Trina Solar Co Cash And Cash Equivalents Related Terms

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Trina Solar Co (Trina Solar Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Trina Solar Co Ltd (NYSE:TSL) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

688599:China

Address

No.2 Tianhe Road, Trina PV Industrial Park, Xinbei District, Jiangsu, CHN, 213031

Website

https://www.trinasolar.com

Trina Solar Co Ltd is engaged in manufacturing photovoltaic products, photovoltaic systems and smart energy. The photovoltaic products business includes research and development, manufacture and sales of monocrystalline silicon-based photovoltaic modules; the photovoltaic systems business includes power station business and construction and management of photovoltaic power station projects, among others; smart energy business includes photovoltaic power generation, operation, and management of the photovoltaic power station, research and sales of the smart microgrid and multi-energy systems, and operation of the energy cloud platform, among others.

Executives

Platinum Investment Management Ltd

10 percent owner

C/O PLATINUM ASSET MANAGEMENT, LEVEL 8, 7 MACQUARIE PLACE, SYDNEY AUSTRALIA 2000 C3 00000