Honma Golf (HKSE:06858) Cash And Cash Equivalents : HK$882 Mil (As of Sep. 2023)

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What is Honma Golf Cash And Cash Equivalents?

Honma Golf's quarterly cash and cash equivalents declined from Sep. 2022 (HK$933.38 Mil) to Mar. 2023 (HK$827.05 Mil) but then increased from Mar. 2023 (HK$827.05 Mil) to Sep. 2023 (HK$882.16 Mil).

Honma Golf's annual cash and cash equivalents increased from Mar. 2021 (HK$769.51 Mil) to Mar. 2022 (HK$953.60 Mil) but then declined from Mar. 2022 (HK$953.60 Mil) to Mar. 2023 (HK$827.05 Mil).

Honma Golf Cash And Cash Equivalents Historical Data

The historical data trend for Honma Golf'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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Honma Golf Cash And Cash Equivalents Chart

Honma Golf Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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1,036.31

755.31

769.51

953.60

827.05

Honma Golf Semi-Annual Data
	Mar14	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														915.87	953.60	933.38	827.05	882.16

Honma Golf 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.

Honma Golf (HKSE:06858) 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.

Honma Golf Cash And Cash Equivalents Related Terms

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Honma Golf (HKSE:06858) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Honma Golf Ltd (HKSE:06858) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

35th Floor, Roppongi Hills, Mori Tower, P.O. Box No. 62, 6-10-1, Roppongi, Minatoku, Tokyo, JPN

Website

https://www.honmagolf.com

Honma Golf Ltd is an investment holding company. It is engaged in the design, manufacturing, and sale of golf-related products and the rendering of services relating to such products. Geographically, it derives a majority of revenue from Japan and also has a presence in Korea, China, North America, Europe, and the Rest of the world. The group currently offers golf clubs mainly under three major product families, namely BERES, TOUR WORLD and Be ZEAL.

Executives

Huang Wenhuan	2202 Interest of your spouse
Liu Jianguo	2307 Founder of a discretionary trust who can infl
Kouunn Holdings Limited	2101 Beneficial owner
Gold Genius Development Limited	2106 Person having a security interest in shares
Splendid Steed Investments Limited	2201 Interest of corporation controlled by you
Ma Jianrong	2201 Interest of corporation controlled by you
Vistra Trust (hong Kong) Limited	2301 Trustee
Charoen Pokphand Group Company Limited	2201 Interest of corporation controlled by you
Dazzling Coast Limited	2201 Interest of corporation controlled by you
Prize Ray Limited	2201 Interest of corporation controlled by you
Itochu Corporation	2101 Beneficial owner
Yuanta Financial Holding Co., Ltd	2201 Interest of corporation controlled by you

Honma Golf (HKSE:06858) Headlines

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