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Daemyung Sonoseason Co (XKRX:007720) Cash And Cash Equivalents : ₩21,367 Mil (As of Mar. 2024)


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What is Daemyung Sonoseason Co Cash And Cash Equivalents?

Daemyung Sonoseason Co's quarterly cash and cash equivalents increased from Sep. 2023 (₩16,454.24 Mil) to Dec. 2023 (₩16,805.50 Mil) and increased from Dec. 2023 (₩16,805.50 Mil) to Mar. 2024 (₩21,366.51 Mil).

Daemyung Sonoseason Co's annual cash and cash equivalents declined from Dec. 2021 (₩34,802.94 Mil) to Dec. 2022 (₩13,703.75 Mil) but then increased from Dec. 2022 (₩13,703.75 Mil) to Dec. 2023 (₩16,805.50 Mil).


Daemyung Sonoseason Co Cash And Cash Equivalents Historical Data

The historical data trend for Daemyung Sonoseason 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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Daemyung Sonoseason Co Cash And Cash Equivalents Chart

Daemyung Sonoseason Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 156,019.49 68,223.48 34,802.94 13,703.75 16,805.50

Daemyung Sonoseason Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,253.62 15,737.30 16,454.24 16,805.50 21,366.51

Daemyung Sonoseason 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.


Daemyung Sonoseason Co  (XKRX:007720) 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.


Daemyung Sonoseason Co Cash And Cash Equivalents Related Terms

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Daemyung Sonoseason Co (XKRX:007720) Business Description

Traded in Other Exchanges
N/A
Address
262, Hanchigol-gil Seo-myeon, Hongcheon-gun, Gangwon-do, Hongcheon, KOR
Daemyung Sonoseason Co Ltd is engaged in the Security Division, Retail Division, B2B Division, and Pet MRO division. The Security Division develops, manufactures and sells for integrated video security solutions, including recorders, surveillance cameras, accessories, and integrated control software. Retail Division includes Goods & Goods, Logo Shop, Mom Kids, and other shops among others. B2B Distribution Division provides the make-to-order, wholesale, management service of MRO for leisure, plant, golf, lodging, and industry whereas Pet MRO is specialized in the pet industry, such as pet milk, pet food, and pet supplies.

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