LGHL (Lion Group Holding) Cash And Cash Equivalents : $16.93 Mil (As of Dec. 2024)

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What is Lion Group Holding Cash And Cash Equivalents?

Lion Group Holding's quarterly cash and cash equivalents declined from Dec. 2023 ($28.95 Mil) to Jun. 2024 ($19.78 Mil) but then stayed the same from Jun. 2024 ($19.78 Mil) to Dec. 2024 ($16.93 Mil).

Lion Group Holding's annual cash and cash equivalents increased from Dec. 2022 ($11.16 Mil) to Dec. 2023 ($28.95 Mil) but then declined from Dec. 2023 ($28.95 Mil) to Dec. 2024 ($16.93 Mil).

Lion Group Holding Cash And Cash Equivalents Historical Data

The historical data trend for Lion Group 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.

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Lion Group Holding Cash And Cash Equivalents Chart

Lion Group Holding Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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3.43

15.10

11.16

28.95

16.93

Lion Group Holding Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial							11.16	15.76	28.95	19.78	16.93

Lion Group 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.

Lion Group Holding (NAS:LGHL) 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.

Lion Group Holding Cash And Cash Equivalents Related Terms

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Lion Group Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Lion Group Holding Ltd (NAS:LGHL) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Phillip Street, No.15-04, Royal Group Building, Singapore, SGP, 048693

Website

https://www.liongrouphl.com

Lion Group Holding Ltd is an investor-focused trading platform that offers various products and services. The company's current business lines include total return swap (TRS) trading business, contracts for difference (CFD) trading services, Hong Kong-based Over-The-Counter (OTC) stock options trading business, and futures and securities brokerage services. It provides these services through its Lion Brokers Pro and a variety of other applications. The company generates a majority of its revenue from its CFD trading services business. Geographically, the firm's key revenue-generating market is Hong Kong.