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Simplicity Holding (HKSE:08367) Cash And Cash Equivalents : HK$9.75 Mil (As of Sep. 2023)


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What is Simplicity Holding Cash And Cash Equivalents?

Simplicity Holding's quarterly cash and cash equivalents declined from Mar. 2023 (HK$15.53 Mil) to Jun. 2023 (HK$0.00 Mil) but then increased from Jun. 2023 (HK$0.00 Mil) to Sep. 2023 (HK$9.75 Mil).

Simplicity Holding's annual cash and cash equivalents increased from Mar. 2021 (HK$12.81 Mil) to Mar. 2022 (HK$31.90 Mil) but then declined from Mar. 2022 (HK$31.90 Mil) to Mar. 2023 (HK$15.53 Mil).


Simplicity Holding Cash And Cash Equivalents Historical Data

The historical data trend for Simplicity Holding'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.

Simplicity Holding Cash And Cash Equivalents Chart

Simplicity Holding Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash And Cash Equivalents
Get a 7-Day Free Trial 21.83 2.99 12.81 31.90 15.53

Simplicity Holding 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.34 - 15.53 - 9.75

Simplicity Holding 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.


Simplicity Holding  (HKSE:08367) 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.


Simplicity Holding Cash And Cash Equivalents Related Terms

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Simplicity Holding (HKSE:08367) Business Description

Traded in Other Exchanges
N/A
Address
35/F, Central Plaza, 18 Harbour Road, Wanchai, Hong Kong, HKG
Simplicity Holding Ltd is a casual dining full-service restaurant operator. It offers Chinese, Western, and Thai Cuisine. Its reportable segments are Chinese cuisine; Thai cuisine; Malaysian cuisine; and Sales of food ingredients and beverages and Aircraft engine stand repairing and maintenance services. The firm derives the majority of its revenue from restaurant operations.

Simplicity Holding (HKSE:08367) Headlines

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