AcBel Polytech (TPE:6282) Cash And Cash Equivalents : NT$7,516 Mil (As of Mar. 2024)

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What is AcBel Polytech Cash And Cash Equivalents?

AcBel Polytech's quarterly cash and cash equivalents increased from Sep. 2023 (NT$5,101.41 Mil) to Dec. 2023 (NT$6,728.26 Mil) and increased from Dec. 2023 (NT$6,728.26 Mil) to Mar. 2024 (NT$7,515.85 Mil).

AcBel Polytech's annual cash and cash equivalents increased from Dec. 2021 (NT$4,933.45 Mil) to Dec. 2022 (NT$7,711.65 Mil) but then declined from Dec. 2022 (NT$7,711.65 Mil) to Dec. 2023 (NT$6,728.26 Mil).

AcBel Polytech Cash And Cash Equivalents Historical Data

The historical data trend for AcBel Polytech'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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AcBel Polytech Cash And Cash Equivalents Chart

AcBel Polytech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1,790.80

4,482.65

4,933.45

7,711.65

6,728.26

AcBel Polytech 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															7,622.59	19,906.09	5,101.41	6,728.26	7,515.85

AcBel Polytech 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.

AcBel Polytech (TPE:6282) 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.

AcBel Polytech Cash And Cash Equivalents Related Terms

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AcBel Polytech (TPE:6282) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AcBel Polytech Inc (TPE:6282) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

No. 159, Sec. 3, Danjin Road, Tanshui District, New Taipei City, Taipei, TWN, 251

Website

https://www.acbel.com

AcBel Polytech Inc is a Taiwanese technological company that develops, manufactures, and sells power-management solutions globally. The company offers a wide range of custom-designed power supplies, ranging from 3W up to 10,000W per power module, to meet clients' needs in industries like information technology, communication, consumer electronics, networks, and industrial automation. The company has sales offices in China, Japan, the U.S., and the U.K. Its manufacturing units are in Taiwan, China, and the Philippines.

AcBel Polytech (TPE:6282) Headlines

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