SLB Development (SGX:1J0) Cash And Cash Equivalents : S$28.29 Mil (As of Nov. 2024)

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What is SLB Development Cash And Cash Equivalents?

SLB Development's quarterly cash and cash equivalents increased from Nov. 2023 (S$16.91 Mil) to May. 2024 (S$44.43 Mil) but then stayed the same from May. 2024 (S$44.43 Mil) to Nov. 2024 (S$28.29 Mil).

SLB Development's annual cash and cash equivalents declined from May. 2022 (S$26.06 Mil) to May. 2023 (S$21.00 Mil) but then increased from May. 2023 (S$21.00 Mil) to May. 2024 (S$44.43 Mil).

SLB Development Cash And Cash Equivalents Historical Data

The historical data trend for SLB Development'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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SLB Development Cash And Cash Equivalents Chart

SLB Development Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Cash And Cash Equivalents

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39.41

40.23

26.06

21.00

44.43

SLB Development Semi-Annual Data
	May15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24
Cash And Cash Equivalents	Get a 7-Day Free Trial														39.86	21.00	16.91	44.43	28.29

SLB Development 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.

SLB Development (SGX:1J0) 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.

SLB Development Cash And Cash Equivalents Related Terms

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SLB Development Business Description

Industry

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Address

29 Harrison Road, Suite 07-00 Lian Beng Building, Singapore, SGP, 369648

Website

https://www.slbdevelopment.com.sg

SLB Development Ltd is an investment holding company. The company operates in three segments namely Property development, which is involved in the development and sale of properties (residential, commercial, and industrial), as well as the provision of development management services; The Fund management & investment segment refers to the Group's business as a fund manager through joint ventures and strategic alliance with third parties, as well as investment in the funds managed by fund managers such as through participation by way of a limited partner or shareholder in the fund company; and The corporate segment mainly relates to corporate office functions. It generates the majority of its revenue from Property development segment.

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