CHKGF (CK Asset Holdings) Cash And Cash Equivalents : $4,640 Mil (As of Dec. 2024)

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What is CK Asset Holdings Cash And Cash Equivalents?

CK Asset Holdings's quarterly cash and cash equivalents declined from Dec. 2023 ($5,439.45 Mil) to Jun. 2024 ($4,197.57 Mil) but then increased from Jun. 2024 ($4,197.57 Mil) to Dec. 2024 ($4,640.06 Mil).

CK Asset Holdings's annual cash and cash equivalents declined from Dec. 2022 ($7,860.61 Mil) to Dec. 2023 ($5,439.45 Mil) and declined from Dec. 2023 ($5,439.45 Mil) to Dec. 2024 ($4,640.06 Mil).

CK Asset Holdings Cash And Cash Equivalents Historical Data

The historical data trend for CK Asset 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.

CK Asset Holdings Cash And Cash Equivalents Chart

CK Asset Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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7,677.99

8,124.76

7,860.61

5,439.45

4,640.06

CK Asset Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															7,860.61	5,555.73	5,439.45	4,197.57	4,640.06

CK Asset 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.

CK Asset Holdings (OTCPK:CHKGF) 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.

CK Asset Holdings Cash And Cash Equivalents Related Terms

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CK Asset Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CK Asset Holdings Ltd (OTCPK:CHKGF) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

CNGKY:USA 01113:Hong Kong 1CK:Germany

Address

2 Queen’s Road Central, 7th Floor, Cheung Kong Center, Hong Kong, HKG

Website

https://www.ckah.com

CK Asset Holdings was the property business arm of the Cheung Kong Group before the spinoff in 2015. It was subsequently renamed CK Asset Holdings from CK Property in 2017. Li Ka-shing and his family remain the largest shareholders of CK Asset over the years, with about a 48% equity stake. The company mainly engages in property development, property investment, and hotel management in Hong Kong and mainland China, while diversifying into social housing, pub operations, and infrastructure management overseas in recent years.