Syncmold Enterprise (TPE:1582) Cash And Cash Equivalents : NT$3,421 Mil (As of Mar. 2024)

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What is Syncmold Enterprise Cash And Cash Equivalents?

Syncmold Enterprise's quarterly cash and cash equivalents increased from Sep. 2023 (NT$3,094.50 Mil) to Dec. 2023 (NT$3,233.29 Mil) and increased from Dec. 2023 (NT$3,233.29 Mil) to Mar. 2024 (NT$3,421.43 Mil).

Syncmold Enterprise's annual cash and cash equivalents increased from Dec. 2021 (NT$2,059.54 Mil) to Dec. 2022 (NT$3,510.37 Mil) but then declined from Dec. 2022 (NT$3,510.37 Mil) to Dec. 2023 (NT$3,233.29 Mil).

Syncmold Enterprise Cash And Cash Equivalents Historical Data

The historical data trend for Syncmold Enterprise'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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Syncmold Enterprise Cash And Cash Equivalents Chart

Syncmold Enterprise Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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2,889.31

2,420.81

2,059.54

3,510.37

3,233.29

Syncmold Enterprise Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															3,764.11	3,164.61	3,094.50	3,233.29	3,421.43

Syncmold Enterprise 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.

Syncmold Enterprise (TPE:1582) 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.

Syncmold Enterprise Cash And Cash Equivalents Related Terms

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Syncmold Enterprise (TPE:1582) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Syncmold Enterprise Corp (TPE:1582) » Definitions » Cash And Cash Equivalents

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Address

No. 168, Jiankang Road, 9th Floor, Zhonghe District, New Taipei City, TWN, 235

Website

https://www.syncmold.com.tw

Syncmold Enterprise Corp is a Taiwan-based company engaged in the processing, manufacturing, trading, technology licensing and related import and export business of various metal molds, plastic molds and electronic parts. stands for LCD monitors, LCD TVs, appliances, office machines, components of medical devices, and many other electronic products. The company's customers comprise both original design manufacturers, such as Foxconn, and branded manufacturers like Dell and Philips. The company also designs and manufactures molding products. It generates almost all its revenue from markets outside of Taiwan, with mainland China contributing to majority of its revenue.

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