mF International (mF International) Cash And Cash Equivalents : $1.55 Mil (As of Dec. 2022)

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What is mF International Cash And Cash Equivalents?

mF International's quarterly cash and cash equivalents increased from . 20 ($0.00 Mil) to Dec. 2021 ($1.29 Mil) and increased from Dec. 2021 ($1.29 Mil) to Dec. 2022 ($1.55 Mil).

mF International's annual cash and cash equivalents increased from . 20 ($0.00 Mil) to Dec. 2021 ($1.29 Mil) and increased from Dec. 2021 ($1.29 Mil) to Dec. 2022 ($1.55 Mil).

mF International Cash And Cash Equivalents Historical Data

The historical data trend for mF International'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.

mF International Cash And Cash Equivalents Chart

mF International Annual Data

Trend

Dec21

Dec22

Cash And Cash Equivalents

1.29

1.55

mF International Semi-Annual Data
	Dec21	Dec22
Cash And Cash Equivalents	1.29	1.55

mF International 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.

mF International (NAS:MFI) 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.

mF International Cash And Cash Equivalents Related Terms

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mF International (mF International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » mF International Ltd (NAS:MFI) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

77-79 Gloucester Road, Unit 1801, Fortis Tower, Wan Chai, Hong Kong, HKG

Website

https://www.m-finance.com

mF International Ltd is a holding company and all of its operations are carried out by Operating Subsidiaries in Hong Kong. It is a financial trading solution provider principally engaged in the development and provision of financial trading solutions. It has approximately 20 years of experience in providing real-time mission-critical forex, bullion/commodities trading platform solutions, financial value-added services, mobile applications, and financial information for brokers and institutional clients via internet or platform as software as a service. The company has provided a wide range of top-notch services, including mF4 Trading Platform, Bridge and Plugins, CRM System, ECN System, Liquidity Solutions, Cross-platform Broker Plus Solution, Social Trading Applications and others.

mF International (mF International) Headlines

From GuruFocus

mF International Limited Announces Pricing of Initial Public Offering

By GlobeNewswire • 04-20-2024