CITIC Envirotech (TPE:911610) Cash And Cash Equivalents : NT$11,732 Mil (As of Sep. 2019)

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

What is CITIC Envirotech Cash And Cash Equivalents?

CITIC Envirotech's quarterly cash and cash equivalents increased from Mar. 2019 (NT$9,047.10 Mil) to Jun. 2019 (NT$12,866.07 Mil) but then stayed the same from Jun. 2019 (NT$12,866.07 Mil) to Sep. 2019 (NT$11,732.19 Mil).

CITIC Envirotech's annual cash and cash equivalents increased from Dec. 2016 (NT$10,999.83 Mil) to Dec. 2017 (NT$14,047.24 Mil) but then declined from Dec. 2017 (NT$14,047.24 Mil) to Dec. 2018 (NT$8,457.49 Mil).

CITIC Envirotech Cash And Cash Equivalents Historical Data

The historical data trend for CITIC Envirotech'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.

CITIC Envirotech Cash And Cash Equivalents Chart

CITIC Envirotech Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Dec16

Dec17

Dec18

Cash And Cash Equivalents

Get a 7-Day Free Trial

3,398.64

2,597.18

10,999.83

14,047.24

8,457.49

CITIC Envirotech Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Cash And Cash Equivalents	Get a 7-Day Free Trial															8,636.86	8,457.49	9,047.10	12,866.07	11,732.19

CITIC Envirotech 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.

CITIC Envirotech (TPE:911610) 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.

CITIC Envirotech Cash And Cash Equivalents Related Terms

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

CITIC Envirotech (TPE:911610) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CITIC Envirotech Ltd (TPE:911610) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Science Park Road, No. 01-01 The Alpha, Singapore, SGP, 117684

Website

http://www.citicenvirotech.com

CITIC Envirotech Ltd is a provider of membrane-based integrated environmental solutions. The company manufactures membrane products whose technologies are applied for the treatment and recycling of wastewater. Its principal activities include design, fabrication, installation, and commissioning of water and wastewater systems. The company operates through two segments. Its Engineering and membrane system comprises of Engineering and Membrane system sales. The Treatment segment is engaged in the rendering of wastewater treatment services and the Membrane manufacturing and sales segment manufactures and sells polymers. The company's geographical area of operation includes the People's Republic of China, the United States of America and Malaysia.

CITIC Envirotech (TPE:911610) Headlines

No Headlines