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

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What is YanGuFang International Group Co Cash, Cash Equivalents, Marketable Securities?

YanGuFang International Group Co's quarterly cash, cash equivalents, marketable securities 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, cash equivalents, marketable securities 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, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for YanGuFang International Group Co'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.

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YanGuFang International Group Co Cash, Cash Equivalents, Marketable Securities Chart

YanGuFang International Group Co Annual Data

Trend

Jun20

Jun21

Jun22

Cash, Cash Equivalents, Marketable Securities

1.59

12.56

5.38

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

YanGuFang International Group Co 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.

YanGuFang International Group Co (OTCPK:YGFGF) 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.

YanGuFang International Group Co Cash, Cash Equivalents, Marketable Securities 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, Cash Equivalents, Marketable Securities

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.