King Of Catering Global Holdings (HKSE:08619) Cash And Cash Equivalents : HK$28.11 Mil (As of Sep. 2024)

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What is King Of Catering Global Holdings Cash And Cash Equivalents?

King Of Catering Global Holdings's quarterly cash and cash equivalents increased from Sep. 2023 (HK$36.73 Mil) to Mar. 2024 (HK$40.32 Mil) but then stayed the same from Mar. 2024 (HK$40.32 Mil) to Sep. 2024 (HK$28.11 Mil).

King Of Catering Global Holdings's annual cash and cash equivalents increased from Mar. 2022 (HK$37.84 Mil) to Mar. 2023 (HK$41.16 Mil) but then declined from Mar. 2023 (HK$41.16 Mil) to Mar. 2024 (HK$40.32 Mil).

King Of Catering Global Holdings Cash And Cash Equivalents Historical Data

The historical data trend for King Of Catering Global 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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King Of Catering Global Holdings Cash And Cash Equivalents Chart

King Of Catering Global Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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32.32

39.78

37.84

41.16

40.32

King Of Catering Global Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															41.16	-	36.73	40.32	28.11

King Of Catering Global 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.

King Of Catering Global Holdings (HKSE:08619) 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.

King Of Catering Global Holdings Cash And Cash Equivalents Related Terms

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King Of Catering Global Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » King Of Catering Global Holdings Ltd (HKSE:08619) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

9 Wing Hong Street, Floor 9, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

http://www.wcce.hk

King Of Catering Global Holdings Ltd is a construction engineering consultant, focusing on the area of comprehensive structural and geotechnical engineering. The consultancy service offered by the company includes structural engineering, which involves loading calculation and stress designs. The company also engaged in equipment rental services in Hong Kong. It generates revenue from the Construction of new properties, Refurbishment/maintenance of existing properties, and Others. The company generates the majority of its revenue from the Construction of new properties. The company generates almost all of its revenue from Hong Kong.

Executives

Chan Julia Gower	2202 Interest of your spouse
Chan Yin Nin	2201 Interest of corporation controlled by you
Kwong Po Lam	2101 Beneficial owner
Leung Kwai Ping	2202 Interest of your spouse
Wan Nian Di Chan Fa Zhan You Xian Gong Si	2101 Beneficial owner
Yuen Chi Ping	2101 Beneficial owner
Wong Man Hin Max	2101 Beneficial owner

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