Raffles Interior (HKSE:01376) Cash And Cash Equivalents : HK$99.6 Mil (As of Dec. 2023)

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What is Raffles Interior Cash And Cash Equivalents?

Raffles Interior's quarterly cash and cash equivalents increased from Dec. 2022 (HK$23.31 Mil) to Jun. 2023 (HK$36.17 Mil) and increased from Jun. 2023 (HK$36.17 Mil) to Dec. 2023 (HK$99.55 Mil).

Raffles Interior's annual cash and cash equivalents declined from Dec. 2021 (HK$60.93 Mil) to Dec. 2022 (HK$23.31 Mil) but then increased from Dec. 2022 (HK$23.31 Mil) to Dec. 2023 (HK$99.55 Mil).

Raffles Interior Cash And Cash Equivalents Historical Data

The historical data trend for Raffles Interior'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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Raffles Interior Cash And Cash Equivalents Chart

Raffles Interior Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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15.12

99.31

60.93

23.31

99.55

Raffles Interior Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial							60.93	48.18	23.31	36.17	99.55

Raffles Interior 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.

Raffles Interior (HKSE:01376) 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.

Raffles Interior Cash And Cash Equivalents Related Terms

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Raffles Interior (HKSE:01376) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Raffles Interior Ltd (HKSE:01376) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

59 Sungei Kadut Loop, Singapore, SGP, 729490

Website

http://www.rafflesinterior.com

Raffles Interior Ltd is a Singapore-based investment holding company. The company is principally engaged in the provision of interior fitting-out services. The company's fitting-out services include project management and construction management of the interior fitting-out project, construction and installation of interior fitting-out works, customizing, manufacturing and supply of carpentry/joinery and integral fixtures, and maintenance of the projects that it undertakes on an ad-hoc basis. The company derives its revenue from projects involving fitting-out works for office space in Singapore.

Executives

Low Lek Huat	2201 Interest of corporation controlled by you
Zhong Ji Huan Qiu Qi Ye You Xian Gong Si	2101 Beneficial owner
Union Expert Investment Holding Limited	2101 Beneficial owner
Cao Chengpeng	2201 Interest of corporation controlled by you
Sng Siew Luan Emily	2202 Interest of your spouse
Pan Lulu	2202 Interest of your spouse
Ong Poh Eng	2202 Interest of your spouse
Ng Foo Wah	2201 Interest of corporation controlled by you
Neo Bee Ling Pauline	2202 Interest of your spouse
Chua Boon Par	2201 Interest of corporation controlled by you
Low Lek Hee	2201 Interest of corporation controlled by you
Loke Yoke Mei	2202 Interest of your spouse
Lo Lek Chew	2201 Interest of corporation controlled by you
Lim Bee Peng	2202 Interest of your spouse
Leong Wai Kit	2201 Interest of corporation controlled by you

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