A-Sonic Aerospace (SGX:BTJ) Cash And Cash Equivalents : S$61.3 Mil (As of Dec. 2024)

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What is A-Sonic Aerospace Cash And Cash Equivalents?

A-Sonic Aerospace's quarterly cash and cash equivalents declined from Dec. 2023 (S$63.37 Mil) to Jun. 2024 (S$59.13 Mil) but then increased from Jun. 2024 (S$59.13 Mil) to Dec. 2024 (S$61.35 Mil).

A-Sonic Aerospace's annual cash and cash equivalents declined from Dec. 2022 (S$67.35 Mil) to Dec. 2023 (S$63.37 Mil) and declined from Dec. 2023 (S$63.37 Mil) to Dec. 2024 (S$61.35 Mil).

A-Sonic Aerospace Cash And Cash Equivalents Historical Data

The historical data trend for A-Sonic Aerospace'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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A-Sonic Aerospace Cash And Cash Equivalents Chart

A-Sonic Aerospace Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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40.84

53.77

67.35

63.37

61.35

A-Sonic Aerospace 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															67.35	57.34	63.37	59.13	61.35

A-Sonic Aerospace 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.

A-Sonic Aerospace (SGX:BTJ) 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.

A-Sonic Aerospace Cash And Cash Equivalents Related Terms

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A-Sonic Aerospace Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » A-Sonic Aerospace Ltd (SGX:BTJ) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

10 Anson Road, No. 24-07, International Plaza, Singapore, SGP, 079903

Website

https://www.asonic-aerospace.com

A-Sonic Aerospace Ltd is engaged in providing supply chain management services. The company provides domestic multi-modal transportation, warehousing, distribution, customs clearance, and airport ground services. Its business is divided into two segments, namely Aviation, which is engaged in the sale and purchase of aircraft components; and Logistics, which is engaged in providing logistic solutions, including international and domestic multi-modal transportation, warehousing, distribution, customs clearance, and air cargo handling services. The company generates a majority of its revenue from the Logistics segment. Geographically, it derives maximum revenue from the People's Republic of China, followed by Australia, Singapore, the United States of America, and other countries.

A-Sonic Aerospace Headlines

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