Agile Group Holdings (Agile Group Holdings) Cash, Cash Equivalents, Marketable Securities : $1,451 Mil (As of Jun. 2023)

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What is Agile Group Holdings Cash, Cash Equivalents, Marketable Securities?

Agile Group Holdings's quarterly cash, cash equivalents, marketable securities declined from Jun. 2022 ($2,748.42 Mil) to Dec. 2022 ($1,622.28 Mil) but then stayed the same from Dec. 2022 ($1,622.28 Mil) to Jun. 2023 ($1,451.21 Mil).

Agile Group Holdings's annual cash, cash equivalents, marketable securities declined from Dec. 2020 ($6,602.19 Mil) to Dec. 2021 ($4,021.50 Mil) and declined from Dec. 2021 ($4,021.50 Mil) to Dec. 2022 ($1,622.28 Mil).

Agile Group Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Agile Group Holdings's Cash, Cash Equivalents, Marketable Securities 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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Agile Group Holdings Cash, Cash Equivalents, Marketable Securities Chart

Agile Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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4,927.40

6,602.19

4,021.50

1,622.28

1,602.05

Agile Group Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															4,021.50	2,748.42	1,622.28	1,451.21	1,602.05

Agile Group Holdings Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Agile Group Holdings (OTCPK:AGPYY) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Agile Group Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Agile Group Holdings (Agile Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Agile Group Holdings Ltd (OTCPK:AGPYY) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

AGPYF:USA 03383:Hong Kong A8P:Germany

Address

26 Huaxia Road, 33rd Floor, Agile Center, Zhujiang New Town, Tianhe District, Guangdong Province, Guangzhou, CHN, 510623

Website

https://www.agile.com.cn

Agile Group is one of the largest Chinese developers listed (2005) on the Hong Kong Exchange. Its main business is property development, with a land bank spread across China and overseas, including key cities in Zhongshan, Guangzhou, and Hainan. Agile spun off its complementary property management business A-Living Services on the Hong Kong Exchange in February 2018; we believe this business is poised to enjoy healthy organic and inorganic growth in gross floor area under management. The company also operates a commercial portfolio consisting of hotels and investment properties, as well as construction. Its environmental business covers waste and water treatment, currently operating in an initial growth phase.