Hanryu Holdings (Hanryu Holdings) Cash And Cash Equivalents : $11.71 Mil (As of Sep. 2023)

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What is Hanryu Holdings Cash And Cash Equivalents?

Hanryu Holdings's quarterly cash and cash equivalents increased from Mar. 2023 ($0.07 Mil) to Jun. 2023 ($10.00 Mil) and increased from Jun. 2023 ($10.00 Mil) to Sep. 2023 ($11.71 Mil).

Hanryu Holdings's annual cash and cash equivalents increased from Dec. 2020 ($0.03 Mil) to Dec. 2021 ($0.33 Mil) but then declined from Dec. 2021 ($0.33 Mil) to Dec. 2022 ($0.12 Mil).

Hanryu Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Hanryu Holdings'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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Hanryu Holdings Cash And Cash Equivalents Chart

Hanryu Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Cash And Cash Equivalents

0.03

0.33

0.12

Hanryu Holdings Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial					0.01	0.12	0.07	10.00	11.71

Hanryu Holdings 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.

Hanryu Holdings (NAS:HRYU) 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.

Hanryu Holdings Cash And Cash Equivalents Related Terms

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Hanryu Holdings (Hanryu Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Hanryu Holdings Inc (NAS:HRYU) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

160, Yeouiseo-ro, Yeongdeungpo-gu, Seoul, KOR, 07231

Website

https://www.hanryuholdings.com

Hanryu Holdings Inc is the creator of the engaging and innovative social media platform, FANTOO. FANTOO connects users around the world that share similar interests by providing distinctive service offerings, technologies, applications, and websites. Through FANTOO, it provides a global multi-media platform for its users to interact with other like-minded users, to share their appreciation of various types of entertainment and cultures, create their own content, enjoy other users' content, engage in commerce.