LDDD (Longduoduo Co) Cash And Cash Equivalents : $0.85 Mil (As of Sep. 2024)

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What is Longduoduo Co Cash And Cash Equivalents?

Longduoduo Co's quarterly cash and cash equivalents declined from Mar. 2024 ($1.88 Mil) to Jun. 2024 ($1.40 Mil) but then stayed the same from Jun. 2024 ($1.40 Mil) to Sep. 2024 ($0.85 Mil).

Longduoduo Co's annual cash and cash equivalents increased from Jun. 2022 ($0.36 Mil) to Jun. 2023 ($1.14 Mil) and increased from Jun. 2023 ($1.14 Mil) to Jun. 2024 ($1.40 Mil).

Longduoduo Co Cash And Cash Equivalents Historical Data

The historical data trend for Longduoduo 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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Longduoduo Co Cash And Cash Equivalents Chart

Longduoduo Co Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Cash And Cash Equivalents

0.27

0.36

1.14

1.40

Longduoduo Co Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial									0.73	2.54	1.88	1.40	0.85

Longduoduo 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.

Longduoduo Co (OTCPK:LDDD) 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.

Longduoduo Co Cash And Cash Equivalents Related Terms

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Longduoduo Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Longduoduo Co Ltd (OTCPK:LDDD) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

G3-5-8016, Ruyi Headquarters Base, Hohhot Economic Development Zone, Inner Mongolia, Shui’an, CHN, 010000

Website

http://www.longduoduo.net

Longduoduo Co Ltd through its operating subsidiaries engaged in the business of providing preventive healthcare solutions. It provides a wide range of comprehensive preventive healthcare services including disease screening, healthcare treatments, healthcare products, and other services. The company mainly focuses on the prevention of myocardial infarction, cerebral infarction, hemiplegia, and cardiovascular and cerebrovascular diseases. The company's revenues are generated from its customers in the People's Republic of China.

Longduoduo Co Headlines

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