KML Technology Group (HKSE:08065) Cash, Cash Equivalents, Marketable Securities : HK$63.9 Mil (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is KML Technology Group Cash, Cash Equivalents, Marketable Securities?

KML Technology Group's quarterly cash, cash equivalents, marketable securities declined from Mar. 2023 (HK$88.53 Mil) to Jun. 2023 (HK$0.00 Mil) but then increased from Jun. 2023 (HK$0.00 Mil) to Sep. 2023 (HK$63.91 Mil).

KML Technology Group's annual cash, cash equivalents, marketable securities declined from Mar. 2021 (HK$113.89 Mil) to Mar. 2022 (HK$93.35 Mil) and declined from Mar. 2022 (HK$93.35 Mil) to Mar. 2023 (HK$88.53 Mil).

KML Technology Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for KML Technology Group'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.

* Premium members only.

KML Technology Group Cash, Cash Equivalents, Marketable Securities Chart

KML Technology Group Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

77.04

83.00

113.89

93.35

88.53

KML Technology Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															92.96	-	88.53	-	63.91

KML Technology Group 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.

KML Technology Group (HKSE:08065) 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.

KML Technology Group Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of KML Technology Group's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

KML Technology Group (HKSE:08065) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » KML Technology Group Ltd (HKSE:08065) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

Siu Lek Yuen Road, B12, Ground Floor, Shatin Industrial Centre, Shatin, New Territories, Hong Kong, HKG

Website

http://www.kml.com.hk

KML Technology Group Ltd is an investment holding company. The company is engaged in the provision of electrical and mechanical engineering solutions and services. Its operating segment includes Transportation Mission Critical System Solutions, Mobile Ticketing and Digital Payment Solutions and Services, M&E Technology Solutions and Engineering Services and Digital Fabrication and Maintenance Services. The company generates maximum revenue from Digital Fabrication and Maintenance Service segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in Taiwan, Singapore, Canada, and Others Countries. It also provides security and access control systems, railway station engineering services and architectural works and others.

KML Technology Group (HKSE:08065) Headlines

No Headlines