LG Display Co (WBO:LGA) Cash And Cash Equivalents : €1,587 Mil (As of Dec. 2023)

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What is LG Display Co Cash And Cash Equivalents?

LG Display Co's quarterly cash and cash equivalents increased from Jun. 2023 (€1,692.27 Mil) to Sep. 2023 (€2,111.18 Mil) but then stayed the same from Sep. 2023 (€2,111.18 Mil) to Dec. 2023 (€1,587.06 Mil).

LG Display Co's annual cash and cash equivalents declined from Dec. 2021 (€2,647.48 Mil) to Dec. 2022 (€1,331.57 Mil) but then increased from Dec. 2022 (€1,331.57 Mil) to Dec. 2023 (€1,587.06 Mil).

LG Display Co Cash And Cash Equivalents Historical Data

The historical data trend for LG Display Co'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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LG Display Co Cash And Cash Equivalents Chart

LG Display Co Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

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Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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2,555.88

3,169.97

2,647.48

1,331.57

1,587.06

LG Display Co 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															1,331.57	1,582.43	1,692.27	2,111.18	1,587.06

LG Display Co 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.

LG Display Co (WBO:LGA) 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.

LG Display Co Cash And Cash Equivalents Related Terms

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LG Display Co (WBO:LGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LG Display Co Ltd (WBO:LGA) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

LPL:USA 034220:Korea LGA:Germany

Address

LG Twin Towers, 128 Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 07336

Website

https://www.lgdisplay.com

LG Display is a South Korea-based company that is principally engaged in developing, manufacturing and selling TFT-LCD and OLED display panels. The company's products consist of panels for notebook computers, monitors, televisions, smartphones, tablets, and others. The company conducts direct sales through overseas subsidiaries in a number of countries, including the United States, Germany, Japan, Taiwan, China, and Singapore. These subsidiaries conduct sales activities and offer technical support to clients. The company generates the majority of its revenue from overseas markets, with the rest from South Korea.

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