Yulchon Co (XKRX:146060) Cash, Cash Equivalents, Marketable Securities : ₩21,531 Mil (As of Mar. 2024)

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What is Yulchon Co Cash, Cash Equivalents, Marketable Securities?

Yulchon Co's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 (₩20,229.42 Mil) to Dec. 2023 (₩20,064.21 Mil) but then increased from Dec. 2023 (₩20,064.21 Mil) to Mar. 2024 (₩21,530.57 Mil).

Yulchon Co's annual cash, cash equivalents, marketable securities declined from Dec. 2020 (₩2,693.01 Mil) to Dec. 2021 (₩1,356.60 Mil) but then increased from Dec. 2021 (₩1,356.60 Mil) to Dec. 2022 (₩2,742.87 Mil).

Yulchon Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Yulchon 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.

Yulchon Co Cash, Cash Equivalents, Marketable Securities Chart

Yulchon Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

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2,725.05

2,360.55

2,693.01

1,356.60

2,742.87

Yulchon Co Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			2,742.87	-	20,229.42	20,064.21	21,530.57

Yulchon 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.

Yulchon Co (XKRX:146060) 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.

Yulchon Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Yulchon Co (XKRX:146060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Yulchon Co Ltd (XKRX:146060) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

192, Gongdan 2-daero, Siheung-si, Gyeonggi-do, Seoul, KOR, 15102

Website

http://www.ycpipe.com

Yulchon Co Ltd is a Company engaged in manufacturing of Cold drawing precision steel tubes which is used for automobile parts, heat exchangers, machinery.

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