Jayud Global Logistics (Jayud Global Logistics) Cash And Cash Equivalents : $3.66 Mil (As of Dec. 2023)

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What is Jayud Global Logistics Cash And Cash Equivalents?

Jayud Global Logistics's quarterly cash and cash equivalents declined from Dec. 2022 ($4.01 Mil) to Jun. 2023 ($2.33 Mil) but then increased from Jun. 2023 ($2.33 Mil) to Dec. 2023 ($3.66 Mil).

Jayud Global Logistics's annual cash and cash equivalents declined from Dec. 2021 ($6.32 Mil) to Dec. 2022 ($4.01 Mil) and declined from Dec. 2022 ($4.01 Mil) to Dec. 2023 ($3.66 Mil).

Jayud Global Logistics Cash And Cash Equivalents Historical Data

The historical data trend for Jayud Global Logistics'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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Jayud Global Logistics Cash And Cash Equivalents Chart

Jayud Global Logistics Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

3.63

6.32

4.01

3.66

Jayud Global Logistics Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial			6.32	6.98	4.01	2.33	3.66

Jayud Global Logistics 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.

Jayud Global Logistics (NAS:JYD) 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.

Jayud Global Logistics Cash And Cash Equivalents Related Terms

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Jayud Global Logistics (Jayud Global Logistics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jayud Global Logistics Ltd (NAS:JYD) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shenyan Road, 4th Floor, Building 4, Shatoujiao Free Trade Zone, Yantian District, Shenzhen, CHN

Website

https://www.jayud.com

Jayud Global Logistics Ltd is a end-to-end supply chain solution providers in China, with a focus on providing cross-border logistics services. It offers freight forwarding services, (ii) supply chain management, and (iii) other value-added services.