Zoomlion Heavy Industry Science and Technology Co (Zoomlion Heavy Industry Science and Technology Co) Cash And Cash Equivalents : $2,223 Mil (As of Dec. 2023)

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What is Zoomlion Heavy Industry Science and Technology Co Cash And Cash Equivalents?

Zoomlion Heavy Industry Science and Technology Co's quarterly cash and cash equivalents declined from Jun. 2023 ($2,295.94 Mil) to Sep. 2023 ($2,136.97 Mil) but then increased from Sep. 2023 ($2,136.97 Mil) to Dec. 2023 ($2,222.69 Mil).

Zoomlion Heavy Industry Science and Technology Co's annual cash and cash equivalents declined from Dec. 2021 ($2,381.26 Mil) to Dec. 2022 ($2,223.07 Mil) and declined from Dec. 2022 ($2,223.07 Mil) to Dec. 2023 ($2,222.69 Mil).

Zoomlion Heavy Industry Science and Technology Co Cash And Cash Equivalents Historical Data

The historical data trend for Zoomlion Heavy Industry Science and Technology 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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Zoomlion Heavy Industry Science and Technology Co Cash And Cash Equivalents Chart

Zoomlion Heavy Industry Science and Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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937.06

1,908.99

2,381.26

2,223.07

2,222.69

Zoomlion Heavy Industry Science and Technology Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															2,223.07	2,087.10	2,295.94	2,136.97	2,222.69

Zoomlion Heavy Industry Science and Technology 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.

Zoomlion Heavy Industry Science and Technology Co (OTCPK:ZLIOY) 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.

Zoomlion Heavy Industry Science and Technology Co Cash And Cash Equivalents Related Terms

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Zoomlion Heavy Industry Science and Technology Co (Zoomlion Heavy Industry Science and Technology Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Zoomlion Heavy Industry Science and Technology Co Ltd (OTCPK:ZLIOY) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

ZLIOF:USA 01157:Hong Kong 8CZ:Germany 000157:China

Address

No. 361, Yinpen South Road, Hunan Province, Changsha, CHN, 410013

Website

https://www.zoomlion.com

Zoomlion Heavy Industry Science and Technology Co Ltd are mainly engaged in the research, development, manufacturing, and sales of construction machinery, and agricultural machinery. It is engaged in three main operating segments, including (i) research, development, manufacturing, and sale of construction machinery; (ii) research, development, manufacturing, and sale of agricultural machinery; and (iii) finance lease services. The construction machinery segment provides concrete machinery, crane machinery, road construction machinery, pile foundation machinery, work-at-height machinery, fire machinery, mining machinery, forklift truck, and other products. Agricultural machinery industry, including farming machinery, harvesting machinery, drying machinery, and agricultural equipment.