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Guoco Group (Guoco Group) Cash And Cash Equivalents : $1,818 Mil (As of Dec. 2023)


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What is Guoco Group Cash And Cash Equivalents?

Guoco Group's quarterly cash and cash equivalents declined from Dec. 2022 ($1,690.00 Mil) to Jun. 2023 ($1,636.33 Mil) but then increased from Jun. 2023 ($1,636.33 Mil) to Dec. 2023 ($1,817.69 Mil).

Guoco Group's annual cash and cash equivalents increased from Jun. 2021 ($1,449.35 Mil) to Jun. 2022 ($1,504.04 Mil) and increased from Jun. 2022 ($1,504.04 Mil) to Jun. 2023 ($1,636.33 Mil).


Guoco Group Cash And Cash Equivalents Historical Data

The historical data trend for Guoco 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.

* Premium members only.

Guoco Group Cash And Cash Equivalents Chart

Guoco Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,787.55 1,606.53 1,449.35 1,504.04 1,636.33

Guoco Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,809.98 1,504.04 1,690.00 1,636.33 1,817.69

Guoco 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.


Guoco Group  (OTCPK:GULRY) 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.


Guoco Group Cash And Cash Equivalents Related Terms

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Guoco Group (Guoco Group) Business Description

Traded in Other Exchanges
Address
99 Queen's Road Central, 50th Floor, The Center, Hong Kong, HKG
Guoco Group Ltd is a holdings company engaged in investment and financial businesses globally. The company operates in four main segments: principal investment, property development and investment, hospitality and leisure, and financial services. It generates additional revenue from oil and gas production. Principal investment segment covers direct and equity investments, and treasury operations. The property development and investment segment, develops residential and commercial properties in China and Southeast Asia. The main revenue driver, hospitality and leisure segment owns, leases, and manages hotels, and operates gaming businesses in the UK, Spain and Belgium. The financial-services segment includes commercial, consumer and investment banking, as well as insurance services.

Guoco Group (Guoco Group) Headlines