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TCC Group Holdings Co (TCC Group Holdings Co) Cash And Cash Equivalents : $2,625 Mil (As of Mar. 2024)


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What is TCC Group Holdings Co Cash And Cash Equivalents?

TCC Group Holdings Co's quarterly cash and cash equivalents declined from Sep. 2023 ($2,262.86 Mil) to Dec. 2023 ($2,123.63 Mil) but then increased from Dec. 2023 ($2,123.63 Mil) to Mar. 2024 ($2,625.13 Mil).

TCC Group Holdings Co's annual cash and cash equivalents declined from Dec. 2021 ($3,283.90 Mil) to Dec. 2022 ($2,898.39 Mil) and declined from Dec. 2022 ($2,898.39 Mil) to Dec. 2023 ($2,123.63 Mil).

TCC Group Holdings Co Cash And Cash Equivalents Historical Data

The historical data trend for TCC Group Holdings 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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TCC Group Holdings Co Cash And Cash Equivalents Chart

TCC Group Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,770.47 1,823.70 3,283.90 2,898.39 2,123.63

TCC Group Holdings Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,323.78 1,710.04 2,262.86 2,123.63 2,625.13

TCC Group Holdings 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.

TCC Group Holdings Co  (OTCPK:TGBMF) 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.

TCC Group Holdings Co Cash And Cash Equivalents Related Terms

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TCC Group Holdings Co (TCC Group Holdings Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » TCC Group Holdings Co Ltd (OTCPK:TGBMF) » Definitions » Cash And Cash Equivalents
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TPE:1102 TPE:1802 TPE:2504 TPE:1104 TPE:9930 TPE:1103 TPE:1110 TPE:1109 TPE:1108 ROCO:5520 CRH XSWX:HOLN NSE:ULTRACEMCO VMC MLM SHSE:600585 NSE:GRASIM XKRX:003670 XTER:HEI BOM:500387
Traded in Other Exchanges
1101B.PFD:Taiwan 1101:Taiwan
Address
No.113, Zhongshan North Road, Section 2, Taipei, TWN, 104
Website
https://www.taiwancement.com
Taiwan Cement Corp operates in three primary segments: cement, Electricity and energy segment and Other segments. The cement segment involves production, processing and sale of cement goods. The Electricity and energy segment is engaged in power generation, energy storage and power business. The other segment includes land and marine transportation, production and sale of refractory materials, and others. The majority of revenue comes from Asia and Taiwan.