CAOHF (FDG Electric Vehicles) Cash And Cash Equivalents : $11.31 Mil (As of Sep. 2019)

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What is FDG Electric Vehicles Cash And Cash Equivalents?

FDG Electric Vehicles's quarterly cash and cash equivalents declined from Sep. 2018 ($75.64 Mil) to Mar. 2019 ($20.88 Mil) but then stayed the same from Mar. 2019 ($20.88 Mil) to Sep. 2019 ($11.31 Mil).

FDG Electric Vehicles's annual cash and cash equivalents declined from Mar. 2017 ($170.16 Mil) to Mar. 2018 ($95.95 Mil) and declined from Mar. 2018 ($95.95 Mil) to Mar. 2019 ($20.88 Mil).

FDG Electric Vehicles Cash And Cash Equivalents Historical Data

The historical data trend for FDG Electric Vehicles'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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FDG Electric Vehicles Cash And Cash Equivalents Chart

FDG Electric Vehicles Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Cash And Cash Equivalents

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53.04

121.39

170.16

95.95

20.88

FDG Electric Vehicles Semi-Annual Data
	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19
Cash And Cash Equivalents	Get a 7-Day Free Trial															155.55	95.95	75.64	20.88	11.31

FDG Electric Vehicles 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.

FDG Electric Vehicles (OTCPK:CAOHF) 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.

FDG Electric Vehicles Cash And Cash Equivalents Related Terms

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FDG Electric Vehicles Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » FDG Electric Vehicles Ltd (OTCPK:CAOHF) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Rooms 3001-3005, 30th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

http://www.fdgev.com

FDG Electric Vehicles Ltd is a Hong Kong-based investment holding company principally engaged in the production and distribution of new energy electric vehicles and their core components. The group is principally engaged in research and development, production and sale of lithium-ion batteries and related products. In addition, it is also engaged in vehicle design, manufacture and sale of electric vehicles, leasing of electric vehicles. The company derives the majority of its revenue from selling lithium-ion batteries in China.

FDG Electric Vehicles Headlines

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