LUKEN Technologies Co (XKRX:162120) Cash And Cash Equivalents : ₩196 Mil (As of Dec. 2023)

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What is LUKEN Technologies Co Cash And Cash Equivalents?

LUKEN Technologies Co's quarterly cash and cash equivalents declined from Dec. 2021 (₩1,010.09 Mil) to Dec. 2022 (₩302.22 Mil) but then stayed the same from Dec. 2022 (₩302.22 Mil) to Dec. 2023 (₩195.93 Mil).

LUKEN Technologies Co's annual cash and cash equivalents declined from Dec. 2021 (₩1,010.09 Mil) to Dec. 2022 (₩302.22 Mil) and declined from Dec. 2022 (₩302.22 Mil) to Dec. 2023 (₩195.93 Mil).

LUKEN Technologies Co Cash And Cash Equivalents Historical Data

The historical data trend for LUKEN Technologies Co'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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LUKEN Technologies Co Cash And Cash Equivalents Chart

LUKEN Technologies Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

34.24

2,501.18

1,010.09

302.22

195.93

LUKEN Technologies Co Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Cash And Cash Equivalents	34.24	2,501.18	1,010.09	302.22	195.93

LUKEN Technologies Co 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.

LUKEN Technologies Co (XKRX:162120) 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.

LUKEN Technologies Co Cash And Cash Equivalents Related Terms

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LUKEN Technologies Co (XKRX:162120) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » LUKEN Technologies Co Ltd (XKRX:162120) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

311-1 Yangchon-ri, Majang-meon, Kyonggi-Do, Icheon, KOR, 17388

Website

http://www.luken.co.kr

LUKEN Technologies Co Ltd is a Korea based company engaged in the business of manufacturing and selling LCD, semiconductor equipment and parts. Its products include LCD checker, PCB vision checker, semicon checker, LED checker, scriber, ET-tester, manual probe checker and others. The business units of the company are Probe unit, Probe Frame, Micro stage, Probe card, Pattern generator and Film type MEMS unit.

LUKEN Technologies Co (XKRX:162120) Headlines

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