Vico International Holdings (HKSE:01621) Cash And Cash Equivalents : HK$52 Mil (As of Sep. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Vico International Holdings Cash And Cash Equivalents?

Vico International Holdings's quarterly cash and cash equivalents declined from Sep. 2022 (HK$36.72 Mil) to Mar. 2023 (HK$32.73 Mil) but then increased from Mar. 2023 (HK$32.73 Mil) to Sep. 2023 (HK$51.91 Mil).

Vico International Holdings's annual cash and cash equivalents declined from Mar. 2021 (HK$55.22 Mil) to Mar. 2022 (HK$53.60 Mil) and declined from Mar. 2022 (HK$53.60 Mil) to Mar. 2023 (HK$32.73 Mil).

Vico International Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Vico International 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.

Vico International Holdings Cash And Cash Equivalents Chart

Vico International Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

Get a 7-Day Free Trial

55.05

66.10

55.22

53.60

32.73

Vico International Holdings Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial											40.62	53.60	36.72	32.73	51.91

Vico International 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.

Vico International Holdings (HKSE:01621) 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.

Vico International Holdings Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Vico International Holdings's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Vico International Holdings (HKSE:01621) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vico International Holdings Ltd (HKSE:01621) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10 Cheung Yue Street, Unit D, 11th Floor, Billion Plaza II, Cheung Sha Wan, Hong Kong, HKG

Website

https://www.vicointernational.hk

Vico International Holdings Ltd is engaged in the business of distribution of petrochemicals products. The company's portfolio of products comprises Diesel, Self-branded and third-party branded lubricant oil, and other petrochemicals such as Bitumen. The operating segments of the group are Sales of diesel; Provision of fleet card service; Sales of lubricant oil and Sales of others. The company derives the majority of its revenue from the Sales of the diesel segment. Geographically, the group has a business presence in Hong Kong; Macau, Vietnam, Dubai, and Malaysia, of which key revenue is generated from Hong Kong.

Vico International Holdings (HKSE:01621) Headlines

No Headlines