Net Pacific Financial Holdings (SGX:5QY) Cash And Cash Equivalents : S$8.06 Mil (As of Dec. 2023)

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What is Net Pacific Financial Holdings Cash And Cash Equivalents?

Net Pacific Financial Holdings's quarterly cash and cash equivalents declined from Jun. 2023 (S$8.21 Mil) to Sep. 2023 (S$8.18 Mil) but then stayed the same from Sep. 2023 (S$8.18 Mil) to Dec. 2023 (S$8.06 Mil).

Net Pacific Financial Holdings's annual cash and cash equivalents declined from Dec. 2021 (S$7.15 Mil) to Dec. 2022 (S$6.74 Mil) but then increased from Dec. 2022 (S$6.74 Mil) to Dec. 2023 (S$8.06 Mil).

Net Pacific Financial Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Net Pacific Financial 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.

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Net Pacific Financial Holdings Cash And Cash Equivalents Chart

Net Pacific Financial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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5.99

7.17

7.15

6.74

8.06

Net Pacific Financial Holdings Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															6.74	6.59	8.21	8.18	8.06

Net Pacific Financial 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.

Net Pacific Financial Holdings (SGX:5QY) 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.

Net Pacific Financial Holdings Cash And Cash Equivalents Related Terms

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Net Pacific Financial Holdings (SGX:5QY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Net Pacific Financial Holdings Ltd (SGX:5QY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Selegie Road, No.10-25, Singapore, SGP, 188307

Website

https://www.netpac.com.sg

Net Pacific Financial Holdings Ltd is engaged in providing financing services. It provides financing services to small and medium-sized companies in the People's Republic of China, Hong Kong Special Administrative Region, Australia, and beyond. The operating segments of the group are the Financing business which generates the majority of the revenue and the Investment segment. The group provides financial services in the financing business segment which includes the provision of working capital financing, asset-backed loans, mezzanine loans, and investments in growth-oriented companies. The investment segment is the business of investing in short-term financial instruments using cash on hand pending further loan disbursement or investment opportunities under the financing business.

Net Pacific Financial Holdings (SGX:5QY) Headlines

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