Singapore Post (Singapore Post) Cash, Cash Equivalents, Marketable Securities : $330 Mil (As of Sep. 2023)

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What is Singapore Post Cash, Cash Equivalents, Marketable Securities?

Singapore Post's quarterly cash, cash equivalents, marketable securities increased from Sep. 2022 ($308.10 Mil) to Mar. 2023 ($369.78 Mil) but then stayed the same from Mar. 2023 ($369.78 Mil) to Sep. 2023 ($329.57 Mil).

Singapore Post's annual cash, cash equivalents, marketable securities declined from Mar. 2021 ($378.24 Mil) to Mar. 2022 ($212.33 Mil) but then increased from Mar. 2022 ($212.33 Mil) to Mar. 2023 ($369.78 Mil).

Singapore Post Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Singapore Post'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.

* Premium members only.

Singapore Post Cash, Cash Equivalents, Marketable Securities Chart

Singapore Post Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

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294.95

354.60

378.24

212.33

369.78

Singapore Post Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															355.78	212.33	308.10	369.78	329.57

Singapore Post 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.

Singapore Post (OTCPK:SPSTY) 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.

Singapore Post Cash, Cash Equivalents, Marketable Securities Related Terms

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Singapore Post (Singapore Post) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Singapore Post Ltd (OTCPK:SPSTY) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

SPSTF:USA S08:Singapore SGR:Germany

Address

10 Eunos Road 8, Singapore Post Centre, Singapore, SGP, 408600

Website

https://www.singpost.com

Singapore Post Ltd is a Singapore-based provider of mail and parcel delivery services. It operates through three business segments: post and parcel, logistics, and property. The post and parcel operating unit provides delivery services such as collecting, transporting, and distributing mail. The logistics segment provides services such as freight forwarding, warehousing, last-mile delivery, and distribution and fulfillment services. The property segment leases commercial and self-storage properties. SingPost has operations in Singapore and Australia, with the majority of its sales in Singapore. Additionally, the majority of SingPost's revenue is generated from its post and parcel business unit.