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FingerTango (HKSE:06860) Cash And Cash Equivalents : HK$584.6 Mil (As of Dec. 2023)


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What is FingerTango Cash And Cash Equivalents?

FingerTango's quarterly cash and cash equivalents declined from Dec. 2022 (HK$762.49 Mil) to Jun. 2023 (HK$560.53 Mil) but then increased from Jun. 2023 (HK$560.53 Mil) to Dec. 2023 (HK$584.64 Mil).

FingerTango's annual cash and cash equivalents increased from Dec. 2021 (HK$744.53 Mil) to Dec. 2022 (HK$762.49 Mil) but then declined from Dec. 2022 (HK$762.49 Mil) to Dec. 2023 (HK$584.64 Mil).


FingerTango Cash And Cash Equivalents Historical Data

The historical data trend for FingerTango'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.

* Premium members only.

FingerTango Cash And Cash Equivalents Chart

FingerTango Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only 865.68 618.26 744.53 762.49 584.64

FingerTango Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 744.53 704.22 762.49 560.53 584.64

FingerTango 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.


FingerTango  (HKSE:06860) 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.


FingerTango Cash And Cash Equivalents Related Terms

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FingerTango (HKSE:06860) Business Description

Traded in Other Exchanges
N/A
Address
No. 248 Qiaotou Street, Building 5, Zone A, Huaxin Kechuang Island,, Haizhu District, Guangzhou, CHN
FingerTango Inc is a mobile gamer publisher in China with a focus on SLG games. The company and its subsidiaries are principally engaged in the development, operation, and publishing of mobile game business in the People's Republic of China. The company's main games include Tank Frontline, Three Heroes, Super Fleet, Romance of Stars, Wartime, The Age of Rome and My Duty. It markets its products throughout China.
Executives
Liu Jie 2201 Interest of corporation controlled by you
Zhu Yanbin 2201 Interest of corporation controlled by you
Lj Technology Holding Limited 2101 Beneficial owner
Zyb Holding Limited 2101 Beneficial owner
Wu Junjie 2201 Interest of corporation controlled by you
Acery Holding Limited 2101 Beneficial owner

FingerTango (HKSE:06860) Headlines

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