YanGuFang International Group Co (YanGuFang International Group Co) Cash And Cash Equivalents : $6.85 Mil (As of Dec. 2022)

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What is YanGuFang International Group Co Cash And Cash Equivalents?

YanGuFang International Group Co's quarterly cash and cash equivalents declined from Dec. 2021 ($6.23 Mil) to Jun. 2022 ($5.38 Mil) but then increased from Jun. 2022 ($5.38 Mil) to Dec. 2022 ($6.85 Mil).

YanGuFang International Group Co's annual cash and cash equivalents increased from Jun. 2020 ($1.59 Mil) to Jun. 2021 ($12.56 Mil) but then declined from Jun. 2021 ($12.56 Mil) to Jun. 2022 ($5.38 Mil).

YanGuFang International Group Co Cash And Cash Equivalents Historical Data

The historical data trend for YanGuFang International Group 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.

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YanGuFang International Group Co Cash And Cash Equivalents Chart

YanGuFang International Group Co Annual Data

Trend

Jun20

Jun21

Jun22

Cash And Cash Equivalents

1.59

12.56

5.38

YanGuFang International Group Co Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Cash And Cash Equivalents	Get a 7-Day Free Trial			-	12.56	6.23	5.38	6.85

YanGuFang International Group 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.

YanGuFang International Group Co (OTCPK:YGFGF) 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.

YanGuFang International Group Co Cash And Cash Equivalents Related Terms

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YanGuFang International Group Co (YanGuFang International Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » YanGuFang International Group Co Ltd (OTCPK:YGFGF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Suhong Road, 3rd Floor, Building 3, Minhang District, Shanghai, CHN, 201100

Website

http://www.yangufang.com

YanGuFang International Group Co Ltd is primarily engaged in the production, research and development, and sales of oat and grain products through its direct salesforce and distribution network. Its product portfolio is broadly categorized into oat series products including oat germ groats, oatmeal, oat flour, oat bran, some of which are organic or green food series, and oat nutrient and health series products including oat peptide series, dietary fiber powder, oat biscuits, oil series, oat hand cream, and soap, and oat toothpaste.