YRD (Yiren Digital) Cash And Cash Equivalents : $527.6 Mil (As of Dec. 2024)

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What is Yiren Digital Cash And Cash Equivalents?

Yiren Digital's quarterly cash and cash equivalents declined from Jun. 2024 ($757.71 Mil) to Sep. 2024 ($523.72 Mil) but then increased from Sep. 2024 ($523.72 Mil) to Dec. 2024 ($527.60 Mil).

Yiren Digital's annual cash and cash equivalents increased from Dec. 2022 ($612.75 Mil) to Dec. 2023 ($811.09 Mil) but then declined from Dec. 2023 ($811.09 Mil) to Dec. 2024 ($527.60 Mil).

Yiren Digital Cash And Cash Equivalents Historical Data

The historical data trend for Yiren Digital'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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Yiren Digital Cash And Cash Equivalents Chart

Yiren Digital Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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377.70

449.74

612.75

811.09

527.60

Yiren Digital Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															811.09	819.83	757.71	523.72	527.60

Yiren Digital 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.

Yiren Digital (NYSE:YRD) 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.

Yiren Digital Cash And Cash Equivalents Related Terms

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Yiren Digital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Yiren Digital Ltd (NYSE:YRD) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

YRD N:Mexico 19YA:Germany

Address

118 Jianguo Road, 28th Floor, China Merchants Bureau Building, Chaoyang District, Beijing, CHN, 100022

Website

https://ir.yiren.com

Yiren Digital Ltd is an advanced, AI-powered platform providing a comprehensive suite of financial and lifestyle services in China. its mission is to elevate customers' financial well-being and enhance their quality of life by delivering digital financial services, tailor-made insurance solutions, and premium lifestyle services. The company supports clients at various growth stages, addressing financing needs arising from consumption and production activities, while aiming to augment the overall well-being and security of individuals, families, and businesses.