HUHU (HUHUTECH International Group) Cash And Cash Equivalents : $1.36 Mil (As of Dec. 2022)

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What is HUHUTECH International Group Cash And Cash Equivalents?

HUHUTECH International Group's quarterly cash and cash equivalents increased from Dec. 2021 ($0.08 Mil) to Jun. 2022 ($1.11 Mil) and increased from Jun. 2022 ($1.11 Mil) to Dec. 2022 ($1.36 Mil).

HUHUTECH International Group's annual cash and cash equivalents increased from Dec. 2021 ($0.08 Mil) to Dec. 2022 ($1.36 Mil) and increased from Dec. 2022 ($1.36 Mil) to Dec. 2023 ($2.74 Mil).

HUHUTECH International Group Cash And Cash Equivalents Historical Data

The historical data trend for HUHUTECH International Group'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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HUHUTECH International Group Cash And Cash Equivalents Chart

HUHUTECH International Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

0.16

0.08

1.36

2.74

HUHUTECH International Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial			-	0.08	1.11	1.36	2.74

HUHUTECH International Group 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.

HUHUTECH International Group (NAS:HUHU) 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.

HUHUTECH International Group Cash And Cash Equivalents Related Terms

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HUHUTECH International Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HUHUTECH International Group Inc (NAS:HUHU) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

228 Linghu Road, 3-1208 Tiananzhihui Compound, Xinwu District, Jiangsu Province, Wuxi, CHN, 214135

Website

HUHUTECH International Group Inc specializes in providing factory facility management and monitoring systems, including high-purity gas, chemicals and liquid system and factory management and control systems for industrial clients, who are mainly semi-conductor manufacturers and electronics manufacturers in China. The products and services are widely used by semi-conductor manufacturers, LED and micro-electronics factories, as well as some pharmaceutical, food and beverage manufacturers.