EuroEyes International Eye Clinic (HKSE:01846) Cash, Cash Equivalents, Marketable Securities : HK$720.2 Mil (As of Dec. 2023)

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What is EuroEyes International Eye Clinic Cash, Cash Equivalents, Marketable Securities?

EuroEyes International Eye Clinic's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (HK$779.57 Mil) to Jun. 2023 (HK$782.62 Mil) but then stayed the same from Jun. 2023 (HK$782.62 Mil) to Dec. 2023 (HK$720.22 Mil).

EuroEyes International Eye Clinic's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$861.58 Mil) to Dec. 2022 (HK$779.57 Mil) and declined from Dec. 2022 (HK$779.57 Mil) to Dec. 2023 (HK$720.22 Mil).

EuroEyes International Eye Clinic Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for EuroEyes International Eye Clinic's Cash, Cash Equivalents, Marketable Securities 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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EuroEyes International Eye Clinic Cash, Cash Equivalents, Marketable Securities Chart

EuroEyes International Eye Clinic Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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787.11

761.89

861.58

779.57

720.22

EuroEyes International Eye Clinic Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial								861.58	720.11	779.57	782.62	720.22

EuroEyes International Eye Clinic Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

EuroEyes International Eye Clinic (HKSE:01846) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

EuroEyes International Eye Clinic Cash, Cash Equivalents, Marketable Securities Related Terms

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EuroEyes International Eye Clinic (HKSE:01846) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » EuroEyes International Eye Clinic Ltd (HKSE:01846) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

Valentinskamp 90, Hamburg, DEU, 20355

Website

https://www.euroeyes.hk

EuroEyes International Eye Clinic Ltd is a laser eye surgery clinic. The firm's operating segments are the Provision of vision correction services, sales of pharmaceutical products, and Rental of ophthalmic equipment and operating spaces, Rendering of training service and Interest income. Its geographical segments are Germany, China, Denmark and UK. The Group's services include treatment of myopia, treatment of high myopia, treatment of presbyopia, and treatment of cataracts. The company generates a majority of its revenue from the provision of correction services in Germany.

Executives

Jørgensen Jørn Slot	2101 Beneficial owner
Jørgensen Susanne	2202 Interest of your spouse
Jørgensen Jørn Slot	2101 Beneficial owner
Jørgensen Susanne	2202 Interest of your spouse

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