King Wan (SGX:554) Cash And Cash Equivalents : S$9.02 Mil (As of Sep. 2023)

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What is King Wan Cash And Cash Equivalents?

King Wan's quarterly cash and cash equivalents increased from Sep. 2022 (S$9.39 Mil) to Mar. 2023 (S$11.00 Mil) but then stayed the same from Mar. 2023 (S$11.00 Mil) to Sep. 2023 (S$9.02 Mil).

King Wan's annual cash and cash equivalents increased from Mar. 2021 (S$11.13 Mil) to Mar. 2022 (S$17.65 Mil) but then declined from Mar. 2022 (S$17.65 Mil) to Mar. 2023 (S$11.00 Mil).

King Wan Cash And Cash Equivalents Historical Data

The historical data trend for King Wan'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 Wan Cash And Cash Equivalents Chart

King Wan Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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4.99

8.20

11.13

17.65

11.00

King Wan Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															14.53	17.65	9.39	11.00	9.02

King Wan 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 Wan (SGX:554) 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 Wan Cash And Cash Equivalents Related Terms

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King Wan (SGX:554) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » King Wan Corp Ltd (SGX:554) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Sungei Kadut Loop, Singapore, SGP, 729455

Website

https://www.kingwan.com

King Wan Corp Ltd engages in the provision of mechanical and electrical engineering services for the building and construction industry. It operates in five segments. The Plumbing and Sanitary segment provides services comprising the design and installation of water distribution systems and pipe networks for sewage and wastewater drainage. The electrical segment focuses on the electrical engineering services that design and install electricity distribution systems, fire protection, alarm systems, and security systems. The toilet rental segment consists of the rental and operation of mobile lavatories. The investment holding segment consists of investments in associates and joint ventures. Others segment involves other activities that do not fall into the activities of the other segments.

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