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Agape ATP (Agape ATP) Cash, Cash Equivalents, Marketable Securities : $4.83 Mil (As of Dec. 2023)


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What is Agape ATP Cash, Cash Equivalents, Marketable Securities?

Agape ATP's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 ($0.65 Mil) to Sep. 2023 ($0.31 Mil) but then increased from Sep. 2023 ($0.31 Mil) to Dec. 2023 ($4.83 Mil).

Agape ATP's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($2.60 Mil) to Dec. 2022 ($1.44 Mil) but then increased from Dec. 2022 ($1.44 Mil) to Dec. 2023 ($4.83 Mil).

Agape ATP Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Agape ATP's Cash, Cash Equivalents, Marketable Securities 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.

Agape ATP Cash, Cash Equivalents, Marketable Securities Chart

Agape ATP Annual Data
Trend Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
Cash, Cash Equivalents, Marketable Securities
Get a 7-Day Free Trial 2.86 3.52 2.60 1.44 4.83

Agape ATP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.44 1.12 0.65 0.31 4.83

Agape ATP Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Agape ATP  (NAS:ATPC) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Agape ATP Cash, Cash Equivalents, Marketable Securities Related Terms

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Agape ATP (Agape ATP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Agape ATP Corp (NAS:ATPC) » Definitions » Cash, Cash Equivalents, Marketable Securities
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Traded in Other Exchanges
N/A
Address
Jalan Desa Bahagia, Taman Desa, Tower 2, Lot 1705-1708, 17th Floor, Faber Towers, Kuala Lumpur, SGR, MYS, 58100
Website
https://www.agapeatp.com
Agape ATP Corp through its subsidiaries is engaged in providing health and wellness products and health solution advisory services. The principal activities of the company are to supply high-quality health and wellness products, including a supplement to assist in cell metabolism, detoxification, blood circulation, anti-aging and products designed to improve the overall health system in a body. Its product portfolio includes ATP1s Survivor Select, ATP2 Energized Mineral Concentrate, ATP3 Ionized Cal-Mag, ATP4 Omega Blend, AGN-Vege Fruit Fiber and Others.