ISP Global (HKSE:08487) Cash And Cash Equivalents : HK$53.3 Mil (As of Dec. 2024)

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What is ISP Global Cash And Cash Equivalents?

ISP Global's quarterly cash and cash equivalents declined from Dec. 2023 (HK$51.72 Mil) to Jun. 2024 (HK$47.43 Mil) but then increased from Jun. 2024 (HK$47.43 Mil) to Dec. 2024 (HK$53.30 Mil).

ISP Global's annual cash and cash equivalents increased from Jun. 2022 (HK$47.72 Mil) to Jun. 2023 (HK$50.42 Mil) but then declined from Jun. 2023 (HK$50.42 Mil) to Jun. 2024 (HK$47.43 Mil).

ISP Global Cash And Cash Equivalents Historical Data

The historical data trend for ISP Global'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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ISP Global Cash And Cash Equivalents Chart

ISP Global Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash And Cash Equivalents

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55.82

47.72

50.42

47.43

ISP Global Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															50.42	-	51.72	47.43	53.30

ISP Global 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.

ISP Global (HKSE:08487) 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.

ISP Global Cash And Cash Equivalents Related Terms

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ISP Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ISP Global Ltd (HKSE:08487) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

43rd Floor, Central Plaza, Suite 4302, 18 Harbour Road, Wanchai, Hong Kong, HKG

Website

http://www.ispg.hk

ISP Global Ltd is a sound and communication services provider in Singapore. The company is engaged in the sale of sound and communication systems and related services; integrated services of sound and communication systems, with a focus on design, customization, and installation of sound and communication systems in buildings and alert alarm system services. The Group has two business segments: e-commerce operation; and sale and provision of integrated services of networking, sound and communication systems. The firm's revenue is mainly derived from the PRC.

Executives

Cao Chunmeng	2101 Beneficial owner
Yau Chong Wa	2101 Beneficial owner
Yau Siu Yuk	2202 Interest of your spouse
Lux Aeterna Global Fund Spc - Lux Aeterna Asia Credit Opportunities Sp	2101 Beneficial owner
Li Chao	2106 Person having a security interest in shares
Cai Linzhou	2101 Beneficial owner

ISP Global Headlines

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