Tung Mung Development Co (ROCO:1480) Cash And Cash Equivalents : NT$243 Mil (As of Dec. 2024)

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What is Tung Mung Development Co Cash And Cash Equivalents?

Tung Mung Development Co's quarterly cash and cash equivalents declined from Dec. 2023 (NT$354.82 Mil) to Jun. 2024 (NT$262.95 Mil) but then stayed the same from Jun. 2024 (NT$262.95 Mil) to Dec. 2024 (NT$243.29 Mil).

Tung Mung Development Co's annual cash and cash equivalents declined from Dec. 2022 (NT$761.68 Mil) to Dec. 2023 (NT$354.82 Mil) and declined from Dec. 2023 (NT$354.82 Mil) to Dec. 2024 (NT$243.29 Mil).

Tung Mung Development Co Cash And Cash Equivalents Historical Data

The historical data trend for Tung Mung Development 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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Tung Mung Development Co Cash And Cash Equivalents Chart

Tung Mung Development Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

188.44

243.37

761.68

354.82

243.29

Tung Mung Development Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial			761.68	266.90	354.82	262.95	243.29

Tung Mung Development 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.

Tung Mung Development Co (ROCO:1480) 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.

Tung Mung Development Co Cash And Cash Equivalents Related Terms

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Tung Mung Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tung Mung Development Co Ltd (ROCO:1480) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 90, Sec. 1, Hsin-Tai 5th Road, Tower C, 24th Floor, Hsichih District, New Taipei City, TWN

Website

https://www.tungmung.com.tw

Tung Mung Development Co Ltd engages in manufacturing stainless steel products. The firm produces steel grades, stainless steel coils, and stainless steel sheets.

Tung Mung Development Co Headlines

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