Imperium Financial Group (HKSE:08029) Cash And Cash Equivalents : HK$57.42 Mil (As of Sep. 2023)

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What is Imperium Financial Group Cash And Cash Equivalents?

Imperium Financial Group's quarterly cash and cash equivalents declined from Mar. 2023 (HK$66.25 Mil) to Jun. 2023 (HK$0.00 Mil) but then increased from Jun. 2023 (HK$0.00 Mil) to Sep. 2023 (HK$57.42 Mil).

Imperium Financial Group's annual cash and cash equivalents declined from Mar. 2021 (HK$106.93 Mil) to Mar. 2022 (HK$85.54 Mil) and declined from Mar. 2022 (HK$85.54 Mil) to Mar. 2023 (HK$66.25 Mil).

Imperium Financial Group Cash And Cash Equivalents Historical Data

The historical data trend for Imperium Financial Group'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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Imperium Financial Group Cash And Cash Equivalents Chart

Imperium Financial Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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110.53

110.51

106.93

85.54

66.25

Imperium Financial Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															75.29	-	66.25	-	57.42

Imperium Financial Group 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.

Imperium Financial Group (HKSE:08029) 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.

Imperium Financial Group Cash And Cash Equivalents Related Terms

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Imperium Financial Group (HKSE:08029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Imperium Financial Group Ltd (HKSE:08029) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

No. 181 Hoi Bun Road, Room 2603, 26th Floor, One Harbour Square, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.8029.hk

Imperium Financial Group Ltd is a diversified financial business company. The firm operates through four major businesses, including Cryptocurrency business; Financial services; Equine services, and Properties investment operations. It generates maximum revenue from the Financial services segment. The Financial services segment includes provision of securities and futures brokerage, provision of margin financing, asset management services and custodian services to customers and engaging in money lending business.

Executives

Fresh Success Investments Limited
Cheng Ting Kong

Imperium Financial Group (HKSE:08029) Headlines

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