Swire Pacific (Swire Pacific) Cash And Cash Equivalents : $1,803 Mil (As of Dec. 2023)

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What is Swire Pacific Cash And Cash Equivalents?

Swire Pacific's quarterly cash and cash equivalents increased from Dec. 2022 ($1,491.77 Mil) to Jun. 2023 ($1,715.82 Mil) and increased from Jun. 2023 ($1,715.82 Mil) to Dec. 2023 ($1,803.12 Mil).

Swire Pacific's annual cash and cash equivalents declined from Dec. 2021 ($2,935.51 Mil) to Dec. 2022 ($1,491.77 Mil) but then increased from Dec. 2022 ($1,491.77 Mil) to Dec. 2023 ($1,803.12 Mil).

Swire Pacific Cash And Cash Equivalents Historical Data

The historical data trend for Swire Pacific'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.

Swire Pacific Cash And Cash Equivalents Chart

Swire Pacific Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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2,734.96

3,775.07

2,935.51

1,491.77

1,803.12

Swire Pacific 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															2,935.51	1,732.52	1,491.77	1,715.82	1,803.12

Swire Pacific 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.

Swire Pacific (OTCPK:SWRAF) 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.

Swire Pacific Cash And Cash Equivalents Related Terms

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Swire Pacific (Swire Pacific) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Swire Pacific Ltd (OTCPK:SWRAF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

SWRBY:USA SWRBF:USA SWRAY:USA 00087:Hong Kong 00019:Hong Kong SWI1:Germany

Address

88 Queensway, GPO Box 1, 33rd Floor, One Pacific Place, Hong Kong, HKG

Website

https://www.swirepacific.com

Swire Pacific is a Hong Kong-based conglomerate with interests in property, aviation, beverage, trading, and industrials. The property division, an 82% stake in Swire Properties, contributes more than half of the group's operating profit. The beverage division is one of two Coca-Cola bottlers in mainland China and also a bottler in Hong Kong, Taiwan, Vietnam, and Cambodia. The aviation division consists of Haeco, an aircraft engineering company, and a 45% stake in Cathay Pacific. As of end June 2023, John Swire & Sons, the parent company, holds a 60% stake in Swire Pacific but has 68% of the voting rights through a dual-class share structure.

Swire Pacific (Swire Pacific) Headlines

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