Tantech Holdings (Tantech Holdings) Cash And Cash Equivalents : $24.72 Mil (As of Jun. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Tantech Holdings Cash And Cash Equivalents?

Tantech Holdings's quarterly cash and cash equivalents increased from Jun. 2022 ($10.80 Mil) to Dec. 2022 ($18.98 Mil) and increased from Dec. 2022 ($18.98 Mil) to Jun. 2023 ($24.72 Mil).

Tantech Holdings's annual cash and cash equivalents increased from Dec. 2020 ($37.12 Mil) to Dec. 2021 ($43.14 Mil) but then declined from Dec. 2021 ($43.14 Mil) to Dec. 2022 ($18.98 Mil).

Tantech Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Tantech 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.

* Premium members only.

Tantech Holdings Cash And Cash Equivalents Chart

Tantech Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

Get a 7-Day Free Trial

7.75

12.44

37.12

43.14

18.98

Tantech Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash And Cash Equivalents	Get a 7-Day Free Trial															40.71	43.14	10.80	18.98	24.72

Tantech 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.

Tantech Holdings (NAS:TANH) 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.

Tantech Holdings Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Tantech Holdings's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Tantech Holdings (Tantech Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tantech Holdings Ltd (NAS:TANH) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Tantech Holdings (Lishui) Co., Ltd, No. 10 Cen Shan Road, Shuige Industrial Zone, Zhejiang Province, Lishui, CHN, 323000

Website

http://www.tantech.cn

Tantech Holdings Ltd manufactures bamboo charcoal-based products. The company through its subsidiaries is engaged in the production and distribution of household products along with a trading business which involves the export of charcoal products. It also manufactures electric double-layer capacitors carbon materials and low-emission barbecue charcoal. Its product portfolio includes air purifiers and humidifiers, underfloor humidity control, pillows and mattresses, wardrobe deodorizers, mousepads, and wrist mats, refrigerator deodorant, and charcoal toilet cleaner disks. The company has three reportable segments; the Consumer Product segment, the Electric Vehicle (EV) segment, and the Biodegradable Packaging segment.