AMTD Digital (AMTD Digital) Cash And Cash Equivalents : $135.76 Mil (As of Oct. 2023)

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What is AMTD Digital Cash And Cash Equivalents?

AMTD Digital's quarterly cash and cash equivalents increased from Oct. 2022 ($140.29 Mil) to Apr. 2023 ($153.72 Mil) but then stayed the same from Apr. 2023 ($153.72 Mil) to Oct. 2023 ($135.76 Mil).

AMTD Digital's annual cash and cash equivalents declined from Apr. 2021 ($55.51 Mil) to Apr. 2022 ($15.82 Mil) but then increased from Apr. 2022 ($15.82 Mil) to Apr. 2023 ($153.72 Mil).

AMTD Digital Cash And Cash Equivalents Historical Data

The historical data trend for AMTD Digital'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.

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AMTD Digital Cash And Cash Equivalents Chart

AMTD Digital Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

Cash And Cash Equivalents

2.90

28.06

55.51

15.82

153.72

AMTD Digital Semi-Annual Data
	Apr19	Apr20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash And Cash Equivalents	Get a 7-Day Free Trial			-	15.82	140.29	153.72	135.76

AMTD Digital 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.

AMTD Digital (NYSE:HKD) 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.

AMTD Digital Cash And Cash Equivalents Related Terms

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AMTD Digital (AMTD Digital) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

27-29 rue de Bassano, Paris, FRA

Website

https://www.amtdigital.net

AMTD Digital Inc is a comprehensive digital solutions platform in Asia with businesses spanning multiple verticals, including digital financial services, SpiderNet ecosystem solutions, digital media, content, and marketing, and digital investments.