Radiant Opto-Electronics (TPE:6176) Cash And Cash Equivalents : NT$38,941 Mil (As of Mar. 2024)

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What is Radiant Opto-Electronics Cash And Cash Equivalents?

Radiant Opto-Electronics's quarterly cash and cash equivalents declined from Sep. 2023 (NT$37,678.54 Mil) to Dec. 2023 (NT$36,039.87 Mil) but then increased from Dec. 2023 (NT$36,039.87 Mil) to Mar. 2024 (NT$38,941.19 Mil).

Radiant Opto-Electronics's annual cash and cash equivalents increased from Dec. 2021 (NT$28,670.69 Mil) to Dec. 2022 (NT$37,328.15 Mil) but then declined from Dec. 2022 (NT$37,328.15 Mil) to Dec. 2023 (NT$36,039.87 Mil).

Radiant Opto-Electronics Cash And Cash Equivalents Historical Data

The historical data trend for Radiant Opto-Electronics'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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Radiant Opto-Electronics Cash And Cash Equivalents Chart

Radiant Opto-Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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23,230.14

21,703.00

28,670.69

37,328.15

36,039.87

Radiant Opto-Electronics 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															39,380.64	40,256.13	37,678.54	36,039.87	38,941.19

Radiant Opto-Electronics 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.

Radiant Opto-Electronics (TPE:6176) 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.

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Radiant Opto-Electronics (TPE:6176) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Radiant Opto-Electronics Corp (TPE:6176) » Definitions » Cash And Cash Equivalents

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Address

No. 1, Central 6th Road, Qianzhen District, Kaohsiung City, TWN

Website

https://www.radiant.com.tw

Radiant Opto-Electronics Corp is a Taiwan-based company that is principally engaged in designing, manufacturing, assembling, and marketing backlight modules. The Group has two reportable segments: the domestic segment and Mainland China segment. The domestic segment engages in the manufacture and sale of light guide plates, backlight modules for LCDs, and lighting component. The Mainland China segment uses the technologies provided by the domestic segment to develop new designs of products according to the demands of various customers. Majority of revenue is generated from Mainland China.

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