KE Holdings (KE Holdings) Cash And Cash Equivalents : $2,170 Mil (As of Sep. 2023)

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What is KE Holdings Cash And Cash Equivalents?

KE Holdings's quarterly cash and cash equivalents declined from Mar. 2023 ($4,439.87 Mil) to Jun. 2023 ($4,433.52 Mil) but then stayed the same from Jun. 2023 ($4,433.52 Mil) to Sep. 2023 ($2,170.32 Mil).

KE Holdings's annual cash and cash equivalents declined from Dec. 2020 ($6,265.19 Mil) to Dec. 2021 ($3,210.10 Mil) and declined from Dec. 2021 ($3,210.10 Mil) to Dec. 2022 ($2,784.57 Mil).

KE Holdings Cash And Cash Equivalents Historical Data

The historical data trend for KE 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.

* Premium members only.

KE Holdings Cash And Cash Equivalents Chart

KE Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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1,324.24

3,467.40

6,265.19

3,210.10

2,784.57

KE Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															2,700.12	2,784.57	4,439.87	4,433.52	2,170.32

KE 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.

KE Holdings (NYSE:BEKE) 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.

KE Holdings Cash And Cash Equivalents Related Terms

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KE Holdings (KE Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » KE Holdings Inc (NYSE:BEKE) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

02423:Hong Kong KE8:Germany

Address

No. 2 Chuangye Road, Oriental Electronic Technology Building, Haidian District, Beijing, CHN, 100086

Website

https://investors.ke.com

KE Holdings, or Beike, is a large residential real estate sales and rental brokerage company in China. Founded in 2001, the company operates through self-owned Lianjia stores in Beijing and Shanghai and connected third-party agencies including franchise brand Deyou in other cities, with commissions charged on existing home and new home transactions. Leveraging an online-offline hybrid model, Beike also attract clients through its namesake online marketplace. The company tapped into home renovation services by acquiring Shengdu Home Decoration in 2022. As at the end of 2022, Beike's cofounders collectively control the company, while Tencent and its affiliates share 8% of voting power.