Achiko AG (Achiko AG) Cash And Cash Equivalents : $0.05 Mil (As of Jun. 2022)

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What is Achiko AG Cash And Cash Equivalents?

Achiko AG's quarterly cash and cash equivalents declined from Jun. 2021 ($0.40 Mil) to Dec. 2021 ($0.07 Mil) but then stayed the same from Dec. 2021 ($0.07 Mil) to Jun. 2022 ($0.05 Mil).

Achiko AG's annual cash and cash equivalents increased from Dec. 2019 ($0.59 Mil) to Dec. 2020 ($0.60 Mil) but then declined from Dec. 2020 ($0.60 Mil) to Dec. 2021 ($0.07 Mil).

Achiko AG Cash And Cash Equivalents Historical Data

The historical data trend for Achiko AG'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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Achiko AG Cash And Cash Equivalents Chart

Achiko AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Cash And Cash Equivalents

0.18

0.59

0.60

0.07

Achiko AG Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Cash And Cash Equivalents	Get a 7-Day Free Trial			0.09	0.60	0.40	0.07	0.05

Achiko AG 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.

Achiko AG (OTCPK:ACHKF) 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.

Achiko AG Cash And Cash Equivalents Related Terms

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Achiko AG (Achiko AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Achiko AG (OTCPK:ACHKF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tessinerplatz 7, Zurich, CHE, CH-8002

Website

https://www.achiko.com

Achiko AG is developing disruptive diagnostic solutions that put people first. The company product is a rapid, reliable Covid-19 test with a companion app offering a user-friendly digital health passport. Achiko creates and develops aptamer-based diagnostics through its biotechnology division, AptameX, and companion health apps via its digital mobile health technology division, Teman Sehat. The AptameX DNA aptamer tests can be rapidly chemically synthesized, are cost-effective, and have wide potential across multiple disease diagnostics. Leveraging AptameX and Teman Sehat, Achiko aims to deliver fast, accurate, and affordable diagnostic testing for a range of pathogenic diseases and therapeutic indications in the rapidly evolving healthcare diagnostics field.