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Feng Tay Enterprises Co (TPE:9910) Cash, Cash Equivalents, Marketable Securities : NT$3,310 Mil (As of Sep. 2024)


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What is Feng Tay Enterprises Co Cash, Cash Equivalents, Marketable Securities?

Feng Tay Enterprises Co's quarterly cash, cash equivalents, marketable securities declined from Mar. 2024 (NT$3,372.57 Mil) to Jun. 2024 (NT$3,259.01 Mil) but then increased from Jun. 2024 (NT$3,259.01 Mil) to Sep. 2024 (NT$3,310.42 Mil).

Feng Tay Enterprises Co's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (NT$4,865.44 Mil) to Dec. 2022 (NT$5,574.85 Mil) but then declined from Dec. 2022 (NT$5,574.85 Mil) to Dec. 2023 (NT$3,860.20 Mil).


Feng Tay Enterprises Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Feng Tay Enterprises Co's Cash, Cash Equivalents, Marketable Securities 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.

Feng Tay Enterprises Co Cash, Cash Equivalents, Marketable Securities Chart

Feng Tay Enterprises Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash, Cash Equivalents, Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,038.08 4,717.16 4,865.44 5,574.85 3,860.20

Feng Tay Enterprises Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cash, Cash Equivalents, Marketable Securities 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 4,836.39 3,860.20 3,372.57 3,259.01 3,310.42

Feng Tay Enterprises Co Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.


Feng Tay Enterprises Co  (TPE:9910) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.


Feng Tay Enterprises Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Feng Tay Enterprises Co Business Description

Traded in Other Exchanges
N/A
Address
No. 52 Kegong 8th Road, Douliou, Yunlin, TWN, 640111
Feng Tay Enterprises Co Ltd is a manufacturer specialized in athletic shoes. Other business activities include developing and producing casual shoes, inline skates, ice skates, ski boots, cycling shoes, golf balls, soccer balls, backpack and handbags, ice hockey helmets and sticks, footwear accessories, as well as shoe molds and tools. The operating segments includes footwear manufacturing and sales and others segment, the geographical presence of business is in Singapore, America, Vietnam, Switzerland, Mainland China, Mexico, India, Italy and Other countries out of which the company generates majority of its revenue from Singapore.

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