Eris Technology (ROCO:3675) Cash And Cash Equivalents : NT$618 Mil (As of Mar. 2024)

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What is Eris Technology Cash And Cash Equivalents?

Eris Technology's quarterly cash and cash equivalents increased from Sep. 2023 (NT$341.63 Mil) to Dec. 2023 (NT$581.16 Mil) and increased from Dec. 2023 (NT$581.16 Mil) to Mar. 2024 (NT$618.20 Mil).

Eris Technology's annual cash and cash equivalents increased from Dec. 2021 (NT$334.63 Mil) to Dec. 2022 (NT$493.07 Mil) and increased from Dec. 2022 (NT$493.07 Mil) to Dec. 2023 (NT$581.16 Mil).

Eris Technology Cash And Cash Equivalents Historical Data

The historical data trend for Eris Technology'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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Eris Technology Cash And Cash Equivalents Chart

Eris Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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239.28

223.81

334.63

493.07

581.16

Eris Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															545.57	638.85	341.63	581.16	618.20

Eris Technology 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.

Eris Technology (ROCO:3675) 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.

Eris Technology Cash And Cash Equivalents Related Terms

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Eris Technology (ROCO:3675) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Eris Technology Corp (ROCO:3675) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Section 3, Beishen Road, 222 6th Floor, No. 17, Lane 155, Shenkeng District, New Taipei City, TWN, 22203

Website

https://www.eris.com.tw

Eris Technology Corp designs and manufactures after-market services for Diode products in Taiwan. The Company mainly manufactures tests and sells rectifier diodes, wafers, and a light-emitting diode. Its products include Schottky Diodes, TVS Diodes, Zener Diodes, Bridge Diodes, Wafers, LEDs, and relevant devices. It operates in two departments. Eris Technology and Jie Cheng - mainly manufacturing and selling in diodes, Yea Shin - mainly manufacturing and selling in wafers. The majority is from Eris Technology and Jie Cheng. Geographically, it operates in Taiwan, Asia, Europe, North USA, and Australia, out of which the majority is from Taiwan.

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