ANTA Sports Products (ANTA Sports Products) Cash And Cash Equivalents : $2,133 Mil (As of Dec. 2023)

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What is ANTA Sports Products Cash And Cash Equivalents?

ANTA Sports Products's quarterly cash and cash equivalents increased from Dec. 2022 ($2,492.65 Mil) to Jun. 2023 ($3,606.70 Mil) but then stayed the same from Jun. 2023 ($3,606.70 Mil) to Dec. 2023 ($2,132.71 Mil).

ANTA Sports Products's annual cash and cash equivalents declined from Dec. 2021 ($2,762.00 Mil) to Dec. 2022 ($2,492.65 Mil) and declined from Dec. 2022 ($2,492.65 Mil) to Dec. 2023 ($2,132.71 Mil).

ANTA Sports Products Cash And Cash Equivalents Historical Data

The historical data trend for ANTA Sports Products'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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ANTA Sports Products Cash And Cash Equivalents Chart

ANTA Sports Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1,172.14

2,343.22

2,762.00

2,492.65

2,132.71

ANTA Sports Products Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	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															2,762.00	2,226.07	2,492.65	3,606.70	2,132.71

ANTA Sports Products 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.

ANTA Sports Products (OTCPK:ANPDY) 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.

ANTA Sports Products Cash And Cash Equivalents Related Terms

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ANTA Sports Products (ANTA Sports Products) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » ANTA Sports Products Ltd (OTCPK:ANPDY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ANPDF:USA ANTA:Mexico 02020:Hong Kong AS7:Germany

Address

Anta Headquarters Building, Dongshan Industrial Zone, Chidian Town, Fujian Province, Jinjiang, CHN, 362212

Website

https://www.anta.com

Anta Sports is the largest Chinese sportswear company, engaging in the design, manufacturing, and marketing of sportswear. Brands under Anta's management include the Anta core brand, Fila, Descente, Sprandi, Kolon, and KingKow. As of the end of 2020, the company had 12,260 stores, of which 9,922 were Anta stores and 2,006 were Fila stores.