Lorenzo International (SGX:5IE) Cash And Cash Equivalents : S$1.52 Mil (As of Dec. 2023)

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What is Lorenzo International Cash And Cash Equivalents?

Lorenzo International's quarterly cash and cash equivalents declined from Jun. 2023 (S$1.61 Mil) to Sep. 2023 (S$1.50 Mil) but then increased from Sep. 2023 (S$1.50 Mil) to Dec. 2023 (S$1.52 Mil).

Lorenzo International's annual cash and cash equivalents declined from Mar. 2018 (S$1.59 Mil) to Mar. 2019 (S$0.92 Mil) but then increased from Mar. 2019 (S$0.92 Mil) to Mar. 2020 (S$1.29 Mil).

Lorenzo International Cash And Cash Equivalents Historical Data

The historical data trend for Lorenzo 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.

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Lorenzo International Cash And Cash Equivalents Chart

Lorenzo International Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Mar17

Mar18

Mar19

Mar20

Cash And Cash Equivalents

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2.73

1.59

0.92

1.29

Lorenzo International Quarterly Data
	Dec15	Jun16	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															2.48	2.70	1.61	1.50	1.52

Lorenzo 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.

Lorenzo International (SGX:5IE) 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.

Lorenzo International Cash And Cash Equivalents Related Terms

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Lorenzo International (SGX:5IE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Lorenzo International Ltd (SGX:5IE) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

106 International Road, No. 02-00, Singapore, SGP, 629175

Website

https://www.lorenzo-international.com

Lorenzo International Ltd is a branded lifestyle furniture retailer. The company sells its products under the Lorenzo brand name grouped under two main collections - Dante for classic leather sofas and Enzo for wood-based products. The group is organized into the following reportable operating segments: Furniture, and Building Materials. The company distributes its products across Singapore, Malaysia, Taiwan, China, and other regions. The company generates maximum revenue from Malaysia followed by Taiwan and Singapore.

Lorenzo International (SGX:5IE) Headlines

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