Tanachira Retail PCL (BKK:TAN) Cash And Cash Equivalents : ฿37 Mil (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Tanachira Retail PCL Cash And Cash Equivalents?

Tanachira Retail PCL's quarterly cash and cash equivalents increased from Jun. 2022 (฿0.00 Mil) to Dec. 2022 (฿42.93 Mil) but then stayed the same from Dec. 2022 (฿42.93 Mil) to Jun. 2023 (฿36.86 Mil).

Tanachira Retail PCL's annual cash and cash equivalents declined from Dec. 2021 (฿70.26 Mil) to Dec. 2022 (฿42.93 Mil) but then increased from Dec. 2022 (฿42.93 Mil) to Dec. 2023 (฿160.94 Mil).

Tanachira Retail PCL Cash And Cash Equivalents Historical Data

The historical data trend for Tanachira Retail PCL'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.

Tanachira Retail PCL Cash And Cash Equivalents Chart

Tanachira Retail PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

78.21

70.26

42.93

160.94

Tanachira Retail PCL Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial			70.26	-	42.93	36.86	160.94

Tanachira Retail PCL 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.

Tanachira Retail PCL (BKK:TAN) 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.

Tanachira Retail PCL Cash And Cash Equivalents Related Terms

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

Tanachira Retail PCL (BKK:TAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tanachira Retail Corp PCL (BKK:TAN) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

999/9 Rama 1 Road, Room OFMH 2807 & 2812, 28th floor, The Offices at Central World, Patumwan, Bangkok, THA, 10330

Website

https://www.tanachira.co.th

Tanachira Retail Corp PCL is a Thailand based retailer importing lifestyle and fashion products. It is principally engaged in the distribution of diamond jewelry, gemstone jewelry and gems and also provides other products and services through its different brands. Based on its products and services the company has the following reportable segments, The jewelry segment, Leather goods, bags, shoes, clothes, furniture and home decorations. Import, export and distribution of clothing, bags and miscellaneous goods, and the incense segment which includes distribution and export of incense, skin care products and provision of spa services. The substantial portion of company's overall revenue is generated from its jewelry segment.