Legend Upstar Holdings (HKSE:00459) Cash And Cash Equivalents : HK$219.2 Mil (As of Dec. 2023)

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What is Legend Upstar Holdings Cash And Cash Equivalents?

Legend Upstar Holdings's quarterly cash and cash equivalents increased from Dec. 2022 (HK$212.79 Mil) to Jun. 2023 (HK$299.44 Mil) but then stayed the same from Jun. 2023 (HK$299.44 Mil) to Dec. 2023 (HK$219.18 Mil).

Legend Upstar Holdings's annual cash and cash equivalents declined from Dec. 2021 (HK$285.83 Mil) to Dec. 2022 (HK$212.79 Mil) but then increased from Dec. 2022 (HK$212.79 Mil) to Dec. 2023 (HK$219.18 Mil).

Legend Upstar Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Legend Upstar 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.

Legend Upstar Holdings Cash And Cash Equivalents Chart

Legend Upstar Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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543.76

478.32

285.83

212.79

219.18

Legend Upstar Holdings 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															285.83	137.58	212.79	299.44	219.18

Legend Upstar 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.

Legend Upstar Holdings (HKSE:00459) 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.

Legend Upstar Holdings Cash And Cash Equivalents Related Terms

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Legend Upstar Holdings (HKSE:00459) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Legend Upstar Holdings Ltd (HKSE:00459) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Des Voeux Road, Rooms 2505-8, 25th Floor, World-Wide House, Central, Hong Kong, HKG

Website

https://www.legendupstarholdings.com

Legend Upstar Holdings Ltd is an investment holding company. It is engaged in providing property agency services. The company's segments include Property agencies in respect of commercial, and industrial properties, and shops, Properties investment, Credit business, and Securities investment. It generates maximum revenue from the Property agency segment. The sources of the group's revenue are the agency fee, Rental income, interest income from credit business, and interest income from securities investment.

Executives

Luck Gain Holdings Limited	2201 Interest of corporation controlled by you
Wealth Builder Holdings Limited	2101 Beneficial owner
Tang Mei Lai Metty	2202 Interest of your spouse
Wong Kin Yip Freddie	2201 Interest of corporation controlled by you

Legend Upstar Holdings (HKSE:00459) Headlines

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