Newsoft Technology (ROCO:5202) Cash And Cash Equivalents : NT$171.1 Mil (As of Jun. 2024)

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What is Newsoft Technology Cash And Cash Equivalents?

Newsoft Technology's quarterly cash and cash equivalents declined from Dec. 2023 (NT$294.18 Mil) to Mar. 2024 (NT$169.81 Mil) but then increased from Mar. 2024 (NT$169.81 Mil) to Jun. 2024 (NT$171.05 Mil).

Newsoft Technology's annual cash and cash equivalents declined from Dec. 2021 (NT$387.57 Mil) to Dec. 2022 (NT$367.80 Mil) and declined from Dec. 2022 (NT$367.80 Mil) to Dec. 2023 (NT$294.18 Mil).

Newsoft Technology Cash And Cash Equivalents Historical Data

The historical data trend for Newsoft 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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Newsoft Technology Cash And Cash Equivalents Chart

Newsoft Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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205.47

164.73

387.57

367.80

294.18

Newsoft Technology Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash And Cash Equivalents	Get a 7-Day Free Trial															442.46	373.48	294.18	169.81	171.05

Newsoft 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.

Newsoft Technology (ROCO:5202) 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.

Newsoft Technology Cash And Cash Equivalents Related Terms

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Newsoft Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Newsoft Technology Corp (ROCO:5202) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Xinhu 1st Road, 6th Floor Number 15, Lane 128, Neihu District, Taipei, TWN, 114

Website

https://www.newsoft.com.tw

Newsoft Technology Corp manufactures, and markets software such as images, video, text recognition, international connectivity and galleries. The principal activities of The Company are trading in computer CPU and peripherals, research and development, sales and trading of communications network equipment, information software services and research, design, manufacture and trading of software relating to the aforementioned computer peripherals.

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