DL Holdings Group (HKSE:01709) Cash And Cash Equivalents : HK$57.6 Mil (As of Sep. 2023)

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What is DL Holdings Group Cash And Cash Equivalents?

DL Holdings Group's quarterly cash and cash equivalents declined from Sep. 2022 (HK$87.08 Mil) to Mar. 2023 (HK$83.50 Mil) but then stayed the same from Mar. 2023 (HK$83.50 Mil) to Sep. 2023 (HK$57.59 Mil).

DL Holdings Group's annual cash and cash equivalents increased from Mar. 2021 (HK$56.22 Mil) to Mar. 2022 (HK$154.64 Mil) but then declined from Mar. 2022 (HK$154.64 Mil) to Mar. 2023 (HK$83.50 Mil).

DL Holdings Group Cash And Cash Equivalents Historical Data

The historical data trend for DL Holdings 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.

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DL Holdings Group Cash And Cash Equivalents Chart

DL Holdings Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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52.28

50.75

56.22

154.64

83.50

DL Holdings Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial														74.17	154.64	87.08	83.50	57.59

DL Holdings 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.

DL Holdings Group (HKSE:01709) 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.

DL Holdings Group Cash And Cash Equivalents Related Terms

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DL Holdings Group (HKSE:01709) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » DL Holdings Group Ltd (HKSE:01709) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

28 Heung Yip Road, Room 2902, 29th Floor, Vertical Square, Wong Chuk Hang, Hong Kong, HKG

Website

https://www.dlglobalholdings.com

DL Holdings Group Ltd is an investment holding company. It operates in given segments that include Sales of apparel products, Financial services of the licensed business, Money lending services and Enterprise solutions services. Its geographical segments include Europe, America, the Middle East, and the Asia Pacific. The company generates the majority of its revenue from Financial services which include the provision of financial advisory services; securities research services; securities trading and brokerage services; margin financing services; referral services; and investment management and advisory services to the customers.

Executives

Da Wolf Investments I Limited
Rapid Raise Investments Limited
Li Ren
Dl Family Office Global Limited
Chen Ningdi
Jiang Xinrong
Dl Global Holdings Limited	2201 Interest of corporation controlled by you

DL Holdings Group (HKSE:01709) Headlines

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