Acer Gaming (ROCO:6908) Cash And Cash Equivalents : NT$848 Mil (As of Dec. 2023)

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What is Acer Gaming Cash And Cash Equivalents?

Acer Gaming's quarterly cash and cash equivalents declined from Dec. 2022 (NT$768.38 Mil) to Jun. 2023 (NT$459.88 Mil) but then increased from Jun. 2023 (NT$459.88 Mil) to Dec. 2023 (NT$847.56 Mil).

Acer Gaming's annual cash and cash equivalents increased from Dec. 2021 (NT$115.96 Mil) to Dec. 2022 (NT$768.38 Mil) and increased from Dec. 2022 (NT$768.38 Mil) to Dec. 2023 (NT$847.56 Mil).

Acer Gaming Cash And Cash Equivalents Historical Data

The historical data trend for Acer Gaming'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.

Acer Gaming Cash And Cash Equivalents Chart

Acer Gaming Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

50.16

115.96

768.38

847.56

Acer Gaming Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial			115.96	442.16	768.38	459.88	847.56

Acer Gaming 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.

Acer Gaming (ROCO:6908) 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.

Acer Gaming Cash And Cash Equivalents Related Terms

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Acer Gaming (ROCO:6908) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Acer Gaming Inc (ROCO:6908) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fuxing North Road, 7th Floor-5, 369, Taipei City, TWN, 10541

Website

https://www.acergaming.com

Acer Gaming Inc operates electronic sports businesses. The company offers electronic sports community platform development, game entertainment channel agency sales, and other services. Its products cover game software, and hardware peripherals.

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