City Developments (City Developments) Cash And Cash Equivalents : $1,802 Mil (As of Dec. 2023)

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What is City Developments Cash And Cash Equivalents?

City Developments's quarterly cash and cash equivalents declined from Dec. 2022 ($1,748.19 Mil) to Jun. 2023 ($1,467.38 Mil) but then increased from Jun. 2023 ($1,467.38 Mil) to Dec. 2023 ($1,801.99 Mil).

City Developments's annual cash and cash equivalents increased from Dec. 2021 ($1,540.78 Mil) to Dec. 2022 ($1,748.19 Mil) and increased from Dec. 2022 ($1,748.19 Mil) to Dec. 2023 ($1,801.99 Mil).

City Developments Cash And Cash Equivalents Historical Data

The historical data trend for City Developments'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.

* Premium members only.

City Developments Cash And Cash Equivalents Chart

City Developments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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2,062.41

2,346.54

1,540.78

1,748.19

1,801.99

City Developments Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,540.78	1,537.89	1,748.19	1,467.38	1,801.99

City Developments 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.

City Developments (OTCPK:CDEVY) 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.

City Developments Cash And Cash Equivalents Related Terms

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City Developments (City Developments) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » City Developments Ltd (OTCPK:CDEVY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

C70.PFD:Singapore C09:Singapore

Address

9 Raffles Place, No. 12-01 Republic Plaza, Singapore, SGP, 048619

Website

http://www.cdl.com.sg

City Developments, or CDL, is a listed property group of parent company Hong Leong Group. CDL's main businesses in property development and hotel operations makes up the majority of the group's operating profit. A portfolio of investment properties underpins recurring rental income and increasing income from investment properties is a key strategy for the group in the medium term. CDL's key geography is in Singapore with almost half of the group's total assets derived there. Its expansion into international markets is focused on the United Kingdom, China and Japan. CDL privatized its hotel operations, Millennium and Copthorne in 2019.

City Developments (City Developments) Headlines

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