Taiheiyo Cement (Taiheiyo Cement) Cash And Cash Equivalents : $682 Mil (As of Dec. 2023)

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What is Taiheiyo Cement Cash And Cash Equivalents?

Taiheiyo Cement's quarterly cash and cash equivalents declined from Jun. 2023 ($558.10 Mil) to Sep. 2023 ($555.63 Mil) but then increased from Sep. 2023 ($555.63 Mil) to Dec. 2023 ($681.50 Mil).

Taiheiyo Cement's annual cash and cash equivalents declined from Mar. 2021 ($672.26 Mil) to Mar. 2022 ($508.28 Mil) but then increased from Mar. 2022 ($508.28 Mil) to Mar. 2023 ($597.33 Mil).

Taiheiyo Cement Cash And Cash Equivalents Historical Data

The historical data trend for Taiheiyo Cement'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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Taiheiyo Cement Cash And Cash Equivalents Chart

Taiheiyo Cement Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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508.90

479.64

672.26

508.28

597.33

Taiheiyo Cement Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															659.11	597.33	558.10	555.63	681.50

Taiheiyo Cement 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.

Taiheiyo Cement (OTCPK:THYCY) 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.

Taiheiyo Cement Cash And Cash Equivalents Related Terms

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Taiheiyo Cement (Taiheiyo Cement) Business Description

Industry

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THYCF:USA 5233:Japan

Address

Daiba Garden City Building, 2-3-5, Daiba, Minato-ku, Tokyo, JPN, 104-8518

Website

http://www.taiheiyo-cement.co.jp

Taiheiyo Cement Corp manufactures and sells construction materials to the building, construction, and infrastructure industries. The company also generates biomass power. The firm organizes itself in six segments based on function and location: Cement, Mineral Resources, Environmental, Construction Materials, Ceramics, and Electronics. The Cement segment, which generates the majority of revenue, sells cement, ready-mix concrete. The Mineral Resources segment extracts and sells limestone and construction materials. The Environmental segment turns waste into power and cement and sells desulfurization products to coal power plants. The majority of revenue is generated in Asia and the United States.

Taiheiyo Cement (Taiheiyo Cement) Headlines

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