Cloopen Group Holding (Cloopen Group Holding) Cash And Cash Equivalents : $103.0 Mil (As of Dec. 2021)

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What is Cloopen Group Holding Cash And Cash Equivalents?

Cloopen Group Holding's quarterly cash and cash equivalents declined from Jun. 2021 ($104.70 Mil) to Sep. 2021 ($91.59 Mil) but then increased from Sep. 2021 ($91.59 Mil) to Dec. 2021 ($103.02 Mil).

Cloopen Group Holding's annual cash and cash equivalents increased from Dec. 2019 ($23.60 Mil) to Dec. 2020 ($45.74 Mil) and increased from Dec. 2020 ($45.74 Mil) to Dec. 2021 ($103.02 Mil).

Cloopen Group Holding Cash And Cash Equivalents Historical Data

The historical data trend for Cloopen Group Holding'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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Cloopen Group Holding Cash And Cash Equivalents Chart

Cloopen Group Holding Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Cash And Cash Equivalents

12.33

23.60

45.74

103.02

Cloopen Group Holding Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Cash And Cash Equivalents	Get a 7-Day Free Trial						45.74	366.03	104.70	91.59	103.02

Cloopen Group Holding 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.

Cloopen Group Holding (OTCPK:RAASY) 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.

Cloopen Group Holding Cash And Cash Equivalents Related Terms

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Cloopen Group Holding (Cloopen Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cloopen Group Holding Ltd (OTCPK:RAASY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Guangshun North Main Street, Chaoyang District, 16/F, Tower A, Fairmont Tower, Beijing, CHN

Website

https://www.yuntongxun.com

Cloopen Group Holding Ltd offers cloud-based communications solutions, according to the same source, covering communications platform as a service, or CPaaS, cloud-based contact centers, or cloud-based CC, and cloud-based unified communications and collaborations, or cloud-based UC&C. The company serves a customer base consisting of enterprises across a variety of industries, including internet, telecommunications, financial services, education, industrial manufacturing, and energy.