Lianyou Metals Co (ROCO:7610) Cash And Cash Equivalents : NT$85 Mil (As of Dec. 2024)

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What is Lianyou Metals Co Cash And Cash Equivalents?

Lianyou Metals Co's quarterly cash and cash equivalents increased from Dec. 2023 (NT$48.14 Mil) to Jun. 2024 (NT$180.90 Mil) but then stayed the same from Jun. 2024 (NT$180.90 Mil) to Dec. 2024 (NT$84.75 Mil).

Lianyou Metals Co's annual cash and cash equivalents increased from Dec. 2022 (NT$12.28 Mil) to Dec. 2023 (NT$48.14 Mil) and increased from Dec. 2023 (NT$48.14 Mil) to Dec. 2024 (NT$84.75 Mil).

Lianyou Metals Co Cash And Cash Equivalents Historical Data

The historical data trend for Lianyou Metals 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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Lianyou Metals Co Cash And Cash Equivalents Chart

Lianyou Metals Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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43.40

109.14

12.28

48.14

84.75

Lianyou Metals Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial					12.28	57.18	48.14	180.90	84.75

Lianyou Metals 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.

Lianyou Metals Co (ROCO:7610) 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.

Lianyou Metals Co Cash And Cash Equivalents Related Terms

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Lianyou Metals Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lianyou Metals Co Ltd (ROCO:7610) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

No.103, Zhongshan Road, Section 3, Pingtung County, Fangliao Township, TWN, 94048

Website

https://www.lianyoucorp.com

Lianyou Metals Co Ltd engages in the smelting, manufacturing, and wholesale of tungsten and cobalt metals. Its main products are sodium tungstate (Na2WO4) and cobalt carbonate (CoCO3).

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