Geotech Holdings (HKSE:01707) Cash And Cash Equivalents : HK$137.2 Mil (As of Dec. 2023)

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What is Geotech Holdings Cash And Cash Equivalents?

Geotech Holdings's quarterly cash and cash equivalents declined from Dec. 2022 (HK$167.21 Mil) to Jun. 2023 (HK$149.11 Mil) but then stayed the same from Jun. 2023 (HK$149.11 Mil) to Dec. 2023 (HK$137.24 Mil).

Geotech Holdings's annual cash and cash equivalents declined from Dec. 2021 (HK$186.27 Mil) to Dec. 2022 (HK$167.21 Mil) and declined from Dec. 2022 (HK$167.21 Mil) to Dec. 2023 (HK$137.24 Mil).

Geotech Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Geotech Holdings'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.

Geotech Holdings Cash And Cash Equivalents Chart

Geotech Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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143.30

156.34

186.27

167.21

137.24

Geotech Holdings Semi-Annual Data
	Dec14	Dec15	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												186.27	185.26	167.21	149.11	137.24

Geotech Holdings 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.

Geotech Holdings (HKSE:01707) 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.

Geotech Holdings Cash And Cash Equivalents Related Terms

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Geotech Holdings (HKSE:01707) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Geotech Holdings Ltd (HKSE:01707) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Queen’s Road Central, Unit 1920, 19th Floor, Cheung Kong Center, Central, Hong Kong, HKG

Website

https://www.geotech.hk

Geotech Holdings Ltd is an investment holding company. The firm is engaged in the provision of construction and engineering services and property-related services. It is principally engaged in the slope works in Hong Kong as the main contractor. It mainly operates in two segments; Construction and engineering services and Property-related services. The group undertakes slope works as the main contractor and undertakes ground investigation field works as a subcontractor. It derives the majority of its revenue from Hong Kong. The Construction and engineering services segment derives key revenue for the firm.

Executives

Chen Zhi	2201 Interest of corporation controlled by you
Star Merit Global Limited	2101 Beneficial owner
Cheung Ting Kam	2201 Interest of corporation controlled by you

Geotech Holdings (HKSE:01707) Headlines

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