Far Eastern New Century (TPE:1402) Cash And Cash Equivalents : NT$30,538 Mil (As of Sep. 2024)

View and export this data going back to 1967. Start your Free Trial

What is Far Eastern New Century Cash And Cash Equivalents?

Far Eastern New Century's quarterly cash and cash equivalents increased from Mar. 2024 (NT$27,048.60 Mil) to Jun. 2024 (NT$32,041.62 Mil) but then stayed the same from Jun. 2024 (NT$32,041.62 Mil) to Sep. 2024 (NT$30,537.90 Mil).

Far Eastern New Century's annual cash and cash equivalents increased from Dec. 2021 (NT$34,544.96 Mil) to Dec. 2022 (NT$47,244.50 Mil) but then declined from Dec. 2022 (NT$47,244.50 Mil) to Dec. 2023 (NT$31,763.57 Mil).

Far Eastern New Century Cash And Cash Equivalents Historical Data

The historical data trend for Far Eastern New Century'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.

* Premium members only.

Far Eastern New Century Cash And Cash Equivalents Chart

Far Eastern New Century Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

38,924.59

35,198.62

34,544.96

47,244.50

31,763.57

Far Eastern New Century Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															17,958.30	31,763.57	27,048.60	32,041.62	30,537.90

Far Eastern New Century 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.

Far Eastern New Century (TPE:1402) 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.

Far Eastern New Century Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Far Eastern New Century's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Far Eastern New Century Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Far Eastern New Century Corp (TPE:1402) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 207, Tun Hwa South Road, 36th Floor, Taipei Metro Tower, Section 2, Taipei, TWN

Website

https://www.fenc.com

Far Eastern New Century Corp is a Taiwan-based industrial holding company with operations that span Taiwan, China and overseas. The company is organized into a business that includes manufacturing and selling polyester materials and semi-finished and finished textiles such as cotton, synthetic or blended fabrics, towels and bed sheets, and woven and knitted garments; PET (polyethylene terephthalate) bottles and sheets; and natural, synthetic or blended yarns and polyester textured yarns. It also does yarn, silk and cloth printing and dyeing. Its operating segments include: Investments in production business, which derives key revenue; telecommunication services business; property development business; investment; and other business.

Far Eastern New Century Headlines

No Headlines