XCHG (XCH) Cash And Cash Equivalents : $26.77 Mil (As of Dec. 2024)

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What is XCHG Cash And Cash Equivalents?

XCHG's quarterly cash and cash equivalents increased from Mar. 2024 ($12.78 Mil) to Jun. 2024 ($24.26 Mil) and increased from Jun. 2024 ($24.26 Mil) to Dec. 2024 ($26.77 Mil).

XCHG's annual cash and cash equivalents increased from Dec. 2022 ($8.34 Mil) to Dec. 2023 ($15.66 Mil) and increased from Dec. 2023 ($15.66 Mil) to Dec. 2024 ($26.77 Mil).

XCHG Cash And Cash Equivalents Historical Data

The historical data trend for XCHG'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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XCHG Cash And Cash Equivalents Chart

XCHG Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

4.80

8.34

15.66

26.77

XCHG Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial					16.38	15.66	12.78	24.26	26.77

XCHG 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.

XCHG (NAS:XCH) 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.

XCHG Cash And Cash Equivalents Related Terms

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XCHG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » XCHG Ltd (NAS:XCH) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hamburg-Mitte Grevenweg 24, Hamburg, DEU, 20537

Website

https://www.xcharge.com

XCHG Ltd engaged in designing, manufacturing and selling of Electric Vehicle (EV) chargers and EV charging solutions which include the DC fast chargers named the C6 series and the C7 series, the battery-integrated DC fast chargers which is Net Zero Series (NZS), as well as accompanying services. Its integrated solution combining proprietary charging technology, energy storage technology and accompanying services significantly improves EV charging efficiency and unlocks the value of energy storage and management. Its NZS solution enables fast charging at low power locations or vis-a-vis aged grid infrastructures (which typically are not compatible with fast charging equipment) with no site improvements or grid upgrades needed.