HG Metal Manufacturing (SGX:BTG) Cash And Cash Equivalents : S$55.4 Mil (As of Dec. 2024)

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What is HG Metal Manufacturing Cash And Cash Equivalents?

HG Metal Manufacturing's quarterly cash and cash equivalents increased from Dec. 2023 (S$16.38 Mil) to Jun. 2024 (S$19.07 Mil) and increased from Jun. 2024 (S$19.07 Mil) to Dec. 2024 (S$55.39 Mil).

HG Metal Manufacturing's annual cash and cash equivalents increased from Dec. 2022 (S$15.41 Mil) to Dec. 2023 (S$16.38 Mil) and increased from Dec. 2023 (S$16.38 Mil) to Dec. 2024 (S$55.39 Mil).

HG Metal Manufacturing Cash And Cash Equivalents Historical Data

The historical data trend for HG Metal Manufacturing'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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HG Metal Manufacturing Cash And Cash Equivalents Chart

HG Metal Manufacturing Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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19.45

27.88

15.41

16.38

55.39

HG Metal Manufacturing Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															15.41	18.18	16.38	19.07	55.39

HG Metal Manufacturing 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.

HG Metal Manufacturing (SGX:BTG) 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.

HG Metal Manufacturing Cash And Cash Equivalents Related Terms

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HG Metal Manufacturing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » HG Metal Manufacturing Ltd (SGX:BTG) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

28 Jalan Buroh, Singapore, SGP, 619484

Website

http://www.hgmetal.com

HG Metal Manufacturing Ltd is involved in the steel business. The company has business units which include HG Distribution, HG Construction Steel, HG Coupler, and Thread. The operating segment of the company is Trading Segment, Manufacturing Segment, and Others. The trading segment is a supplier of steel products and includes the holding of investments in subsidiaries in the business of steel distribution and provision of industrial steel services. The manufacturing segment produces construction steel products and provides related engineering services. Others include those which do not fall in the trading and manufacturing segment. The majority is from the manufacturing segment. Geographically, the majority is derived from Singapore.