Swire Properties (FRA:SW9) Cash And Cash Equivalents : €598 Mil (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Swire Properties Cash And Cash Equivalents?

Swire Properties's quarterly cash and cash equivalents declined from Dec. 2022 (€545.88 Mil) to Jun. 2023 (€500.44 Mil) but then increased from Jun. 2023 (€500.44 Mil) to Dec. 2023 (€598.47 Mil).

Swire Properties's annual cash and cash equivalents declined from Dec. 2021 (€1,683.19 Mil) to Dec. 2022 (€545.88 Mil) but then increased from Dec. 2022 (€545.88 Mil) to Dec. 2023 (€598.47 Mil).

Swire Properties Cash And Cash Equivalents Historical Data

The historical data trend for Swire Properties'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.

Swire Properties Cash And Cash Equivalents Chart

Swire Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

1,725.51

2,248.23

1,683.19

545.88

598.47

Swire Properties Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,683.19	712.75	545.88	500.44	598.47

Swire Properties 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.

Swire Properties (FRA:SW9) 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.

Swire Properties Cash And Cash Equivalents Related Terms

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

Swire Properties (FRA:SW9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Swire Properties Ltd (FRA:SW9) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

SWPFF:USA 01972:Hong Kong SW9:Germany

Address

88 Queensway, 33rd Floor, One Pacific Place, Hong Kong, HKG

Website

https://www.swireproperties.com

Swire Properties is a Hong Kong-based property investor, and Hong Kong's largest office landlord. Its Hong Kong portfolio provides more than 13 million square feet of gross floor area, with its portfolio of Grade A office contributing more than 9 million square feet. The firm also holds investment properties and development projects in China, the United States and Southeast Asia. Rental income accounts for over 60% of its total revenue, with property development and hotel operations contributing the balance. The company was listed in 2012. Parent company Swire Pacific holds an 82% stake.

Swire Properties (FRA:SW9) Headlines

No Headlines