Abundance International (SGX:541) Cash And Cash Equivalents : S$7.8 Mil (As of Jun. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Abundance International Cash And Cash Equivalents?

Abundance International's quarterly cash and cash equivalents declined from Jun. 2022 (S$13.38 Mil) to Dec. 2022 (S$10.99 Mil) but then stayed the same from Dec. 2022 (S$10.99 Mil) to Jun. 2023 (S$7.77 Mil).

Abundance International's annual cash and cash equivalents increased from Dec. 2020 (S$6.54 Mil) to Dec. 2021 (S$11.55 Mil) but then declined from Dec. 2021 (S$11.55 Mil) to Dec. 2022 (S$10.99 Mil).

Abundance International Cash And Cash Equivalents Historical Data

The historical data trend for Abundance 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.

Abundance International Cash And Cash Equivalents Chart

Abundance International Annual Data

Trend

Sep12

Sep13

Sep14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

Get a 7-Day Free Trial

10.62

6.83

6.54

11.55

10.99

Abundance International Semi-Annual Data
	Mar13	Sep13	Mar14	Sep14	Mar15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash And Cash Equivalents	Get a 7-Day Free Trial															9.19	11.55	13.38	10.99	7.77

Abundance 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.

Abundance International (SGX:541) 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.

Abundance International Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Abundance International's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Abundance International (SGX:541) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Abundance International Ltd (SGX:541) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Joo Koon Circle, Singapore, SGP, 629041

Website

https://www.abundance.com.sg

Abundance International Ltd is engaged in the chemical manufacturing and trading of equipment, accessories, consumables, or peripherals used in the chemical industry and other related businesses. In addition, it is also investing in companies and other entities through equity, securities, and other instruments. It is organized into the following reportable operating segments, Chemicals, Printing, and Investment segment. The company derives the maximum revenue from the Chemicals segment. Its primary geographic markets are China and other countries in Asia of which China contributes most of the total revenue.

Abundance International (SGX:541) Headlines

No Headlines