Altus Holdings (HKSE:08149) Cash And Cash Equivalents : HK$33.91 Mil (As of Sep. 2023)

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What is Altus Holdings Cash And Cash Equivalents?

Altus Holdings's quarterly cash and cash equivalents declined from Mar. 2023 (HK$35.66 Mil) to Jun. 2023 (HK$0.00 Mil) but then increased from Jun. 2023 (HK$0.00 Mil) to Sep. 2023 (HK$33.91 Mil).

Altus Holdings's annual cash and cash equivalents declined from Mar. 2021 (HK$34.79 Mil) to Mar. 2022 (HK$33.20 Mil) but then increased from Mar. 2022 (HK$33.20 Mil) to Mar. 2023 (HK$35.66 Mil).

Altus Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Altus 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.

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Altus Holdings Cash And Cash Equivalents Chart

Altus Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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38.28

39.44

34.79

33.20

35.66

Altus Holdings 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															34.07	-	35.66	-	33.91

Altus 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.

Altus Holdings (HKSE:08149) 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.

Altus Holdings Cash And Cash Equivalents Related Terms

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Altus Holdings (HKSE:08149) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Altus Holdings Ltd (HKSE:08149) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Wing Wo Street, Central, Hong Kong, HKG

Website

https://www.altus.com.hk

Altus Holdings Ltd is an investment holding company. It operates in two segments namely Advisory and consulting and Proprietary investments. The company generates maximum revenue from the Proprietary investments segment. The Proprietary investments segment includes leasing of investment properties for residential and commercial use and derives rental income therefrom as well as holding of a portfolio of securities for dividend income and aims for capital gain.

Executives

Flying Castle Limited	2101 Beneficial owner
Kinley-hecico Holdings Limited	2201 Interest of corporation controlled by you
Landmark Trust Switzerland Sa	2201 Interest of corporation controlled by you
Ho Shuk Yee Samantha	2202 Interest of your spouse
Ip Arnold Tin Chee	2501 Other
Chan Kit Lai Cecilia	2307 Founder of a discretionary trust who can infl
Lam Ip Tin Wai Chyvette	2501 Other

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