Wheelock and Co (HKSE:00020) Cash And Cash Equivalents : HK$37,665 Mil (As of Dec. 2019)

View and export this data going back to 1983. Start your Free Trial

What is Wheelock and Co Cash And Cash Equivalents?

Wheelock and Co's quarterly cash and cash equivalents declined from Dec. 2018 (HK$28,824.00 Mil) to Jun. 2019 (HK$25,829.00 Mil) but then increased from Jun. 2019 (HK$25,829.00 Mil) to Dec. 2019 (HK$37,665.00 Mil).

Wheelock and Co's annual cash and cash equivalents declined from Dec. 2017 (HK$56,474.00 Mil) to Dec. 2018 (HK$28,824.00 Mil) but then increased from Dec. 2018 (HK$28,824.00 Mil) to Dec. 2019 (HK$37,665.00 Mil).

Wheelock and Co Cash And Cash Equivalents Historical Data

The historical data trend for Wheelock and Co'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.

Wheelock and Co Cash And Cash Equivalents Chart

Wheelock and Co Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Cash And Cash Equivalents

Get a 7-Day Free Trial

27,266.00

43,964.00

56,474.00

28,824.00

37,665.00

Wheelock and Co Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
Cash And Cash Equivalents	Get a 7-Day Free Trial															56,474.00	24,650.00	28,824.00	25,829.00	37,665.00

Wheelock and Co 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.

Wheelock and Co (HKSE:00020) 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.

Wheelock and Co Cash And Cash Equivalents Related Terms

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

Wheelock and Co (HKSE:00020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wheelock and Co Ltd (HKSE:00020) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Pedder Street, 23rd Floor, Wheelock House, Hong Kong, HKG

Website

http://www.wheelockcompany.com

Wheelock and Co Ltd is an investment holding company. The company through its subsidiaries operates through four segments namely Investment property, Development property, Hotels, and Logistics. It manages its diversified businesses according to the nature of services and products provided. The business of the group is functioned through the region of Hong Kong, Mainland China, and Singapore and it derives most of the revenue from Hong Kong as well as from the development segment.

Wheelock and Co (HKSE:00020) Headlines

No Headlines