Advantech Co (TPE:2395) Cash And Cash Equivalents : NT$12,806 Mil (As of Mar. 2024)

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What is Advantech Co Cash And Cash Equivalents?

Advantech Co's quarterly cash and cash equivalents declined from Sep. 2023 (NT$11,769.11 Mil) to Dec. 2023 (NT$11,011.58 Mil) but then increased from Dec. 2023 (NT$11,011.58 Mil) to Mar. 2024 (NT$12,805.97 Mil).

Advantech Co's annual cash and cash equivalents increased from Dec. 2021 (NT$9,301.15 Mil) to Dec. 2022 (NT$12,029.79 Mil) but then declined from Dec. 2022 (NT$12,029.79 Mil) to Dec. 2023 (NT$11,011.58 Mil).

Advantech Co Cash And Cash Equivalents Historical Data

The historical data trend for Advantech Co'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.

Advantech Co Cash And Cash Equivalents Chart

Advantech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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6,003.94

7,497.44

9,301.15

12,029.79

11,011.58

Advantech Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															10,097.39	11,599.38	11,769.11	11,011.58	12,805.97

Advantech Co 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.

Advantech Co (TPE:2395) 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.

Advantech Co Cash And Cash Equivalents Related Terms

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Advantech Co (TPE:2395) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Advantech Co Ltd (TPE:2395) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

No. 1, Alley 20, Lane 26, Rueiguang Road, Neihu District, Taipei, TWN, 114519

Website

https://www.advantech.com

Founded in 1981, Advantech is the world's largest industrial PC, or IPC, supplier, offering single-board computers, fanless IPCs, digital posts and more. The company reports three segments: embedded PCs, industry PC and automation solutions, and service and others. They contributed 50%, 39% and 11% revenue in 2022, respectively. Leveraging its presence in 27 countries, Advantech is expanding into Internet of Things verticals like smart retail, medical, transportation, industrial automation and energy by investing in Internet of Things solution partners and its proprietary WISE-PaaS platform. The headquarters is in Taipei, Taiwan. The company maintains most manufacturing facilities in Taiwan and Kunshan, China; and has 14 service centers globally.

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