Acer Gaming (ROCO:6908) Cash, Cash Equivalents, Marketable Securities : NT$852 Mil (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Acer Gaming Cash, Cash Equivalents, Marketable Securities?

Acer Gaming's quarterly cash, cash equivalents, marketable securities 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$851.89 Mil).

Acer Gaming's annual cash, cash equivalents, marketable securities 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$851.89 Mil).

Acer Gaming Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Acer Gaming'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.

Acer Gaming Cash, Cash Equivalents, Marketable Securities Chart

Acer Gaming Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

50.16

115.96

768.38

851.89

Acer Gaming Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			115.96	442.16	768.38	459.88	851.89

Acer Gaming 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.

Acer Gaming (ROCO:6908) 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.

Acer Gaming Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Acer Gaming's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Acer Gaming (ROCO:6908) Business Description

Industry

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

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.

Acer Gaming (ROCO:6908) Headlines

No Headlines