TANAF (Tianan Technology Group) Cash And Cash Equivalents : $0.13 Mil (As of Dec. 2024)

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What is Tianan Technology Group Cash And Cash Equivalents?

Tianan Technology Group's quarterly cash and cash equivalents increased from Dec. 2023 ($0.00 Mil) to Jun. 2024 ($0.01 Mil) and increased from Jun. 2024 ($0.01 Mil) to Dec. 2024 ($0.13 Mil).

Tianan Technology Group's annual cash and cash equivalents declined from Dec. 2022 ($0.02 Mil) to Dec. 2023 ($0.00 Mil) but then increased from Dec. 2023 ($0.00 Mil) to Dec. 2024 ($0.13 Mil).

Tianan Technology Group Cash And Cash Equivalents Historical Data

The historical data trend for Tianan Technology Group'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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Tianan Technology Group Cash And Cash Equivalents Chart

Tianan Technology Group Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

0.02

0.13

Tianan Technology Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial			0.02	0.07	-	0.01	0.13

Tianan Technology Group 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.

Tianan Technology Group (OTCPK:TANAF) 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.

Tianan Technology Group Cash And Cash Equivalents Related Terms

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Tianan Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tianan Technology Group Ltd (OTCPK:TANAF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Lane 743, Taopu Road, Room 501, Putuo District, Shanghai, CHN

Website

Tianan Technology Group Ltd is focused on graphene production enterprises and is engaged in the health therapy industry. It utilizes the far-infrared heat therapy characteristics of graphene, which is incorporated into its products. Its products include Graphene Far Infrared Energy Room, Pure Graphene Heating Music Blanket, Graphene Pillow, Pure Graphene Heating Knee Compartment, Pure Graphene Heating Knee Pads, Pure Graphene Eye Mask etc. The Company operates in two reportable business segments: Healthcare and Motor Controller.

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