Fu-Wang Foods (DHA:FUWANGFOOD) Cash And Cash Equivalents : BDT6.6 Mil (As of Mar. 2024)

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What is Fu-Wang Foods Cash And Cash Equivalents?

Fu-Wang Foods's quarterly cash and cash equivalents increased from Jun. 2023 (BDT3.71 Mil) to Sep. 2023 (BDT8.19 Mil) but then stayed the same from Sep. 2023 (BDT8.19 Mil) to Mar. 2024 (BDT6.62 Mil).

Fu-Wang Foods's annual cash and cash equivalents increased from Jun. 2021 (BDT5.10 Mil) to Jun. 2022 (BDT5.54 Mil) but then declined from Jun. 2022 (BDT5.54 Mil) to Jun. 2023 (BDT3.71 Mil).

Fu-Wang Foods Cash And Cash Equivalents Historical Data

The historical data trend for Fu-Wang Foods'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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Fu-Wang Foods Cash And Cash Equivalents Chart

Fu-Wang Foods Annual Data

Trend

Jun13

Jun14

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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21.04

6.90

5.10

5.54

3.71

Fu-Wang Foods Quarterly Data
	Jun16	Mar17	Jun17	Mar18	Jun18	Mar19	Jun19	Sep19	Jun20	Sep20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															7.24	25.82	3.71	8.19	6.62

Fu-Wang Foods 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.

Fu-Wang Foods (DHA:FUWANGFOOD) 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.

Fu-Wang Foods Cash And Cash Equivalents Related Terms

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Fu-Wang Foods (DHA:FUWANGFOOD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fu-Wang Foods Ltd (DHA:FUWANGFOOD) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

House No. 55, Road No. 17, Banani Commercial Area, Fu-Wang Building, Dhaka, BGD, 1213

Website

https://www.fuwangfoodsltd.com

Fu-Wang Foods Ltd is a Bangladesh-based company, which owns and operates industrial plants for food items. The products offered by the group include Bread, Biscuits, Cake, Toast, Wafer Bar, Chocolate, Instant Noodles, Drinking Water, Carbonated Drinks, Boroi Chutney, Lascha Shemai, and Energy Drinks.

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