Taiwan Tea (TPE:2913) Cash And Cash Equivalents : NT$74.0 Mil (As of Sep. 2024)

View and export this data going back to 1962. Start your Free Trial

What is Taiwan Tea Cash And Cash Equivalents?

Taiwan Tea's quarterly cash and cash equivalents increased from Mar. 2024 (NT$66.26 Mil) to Jun. 2024 (NT$89.58 Mil) but then stayed the same from Jun. 2024 (NT$89.58 Mil) to Sep. 2024 (NT$74.00 Mil).

Taiwan Tea's annual cash and cash equivalents increased from Dec. 2021 (NT$215.17 Mil) to Dec. 2022 (NT$239.38 Mil) but then declined from Dec. 2022 (NT$239.38 Mil) to Dec. 2023 (NT$151.29 Mil).

Taiwan Tea Cash And Cash Equivalents Historical Data

The historical data trend for Taiwan Tea'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.

Taiwan Tea Cash And Cash Equivalents Chart

Taiwan Tea Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

125.28

176.08

215.17

239.38

151.29

Taiwan Tea 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															102.27	151.29	66.26	89.58	74.00

Taiwan Tea 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.

Taiwan Tea (TPE:2913) 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.

Taiwan Tea Cash And Cash Equivalents Related Terms

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

Taiwan Tea Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Taiwan Tea Corp (TPE:2913) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Zhonghua Road, Hukou Township, Hsinchu, TWN

Website

https://www.ttch.com.tw

Taiwan Tea Corp plants, cultivates and distributes tea and other tea ingredients. It plants tea trees and cultivates tea plantations. The tea leaves are roasted and processed into tea ingredients, packaged, and distributed to Asia and Australia. The company has a diverse range of customers, including large tea factories and channels such as bubble teashops, breakfast shops, and chain restaurants. Additionally, Taiwan Tea has an engineering division to sell building materials and take on interior fitting projects. It utilizes contracts to help provide stock and customized solutions to customers. The company's operating segments are Trade and department stores; and Assets.

Taiwan Tea Headlines

No Headlines