LHN Logistics (SGX:GIH) Cash And Cash Equivalents : S$3.37 Mil (As of Mar. 2023)

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What is LHN Logistics Cash And Cash Equivalents?

LHN Logistics's quarterly cash and cash equivalents increased from Mar. 2022 (S$0.00 Mil) to Sep. 2022 (S$7.59 Mil) but then stayed the same from Sep. 2022 (S$7.59 Mil) to Mar. 2023 (S$3.37 Mil).

LHN Logistics's annual cash and cash equivalents increased from Sep. 2020 (S$4.57 Mil) to Sep. 2021 (S$5.12 Mil) and increased from Sep. 2021 (S$5.12 Mil) to Sep. 2022 (S$7.59 Mil).

LHN Logistics Cash And Cash Equivalents Historical Data

The historical data trend for LHN Logistics'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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LHN Logistics Cash And Cash Equivalents Chart

LHN Logistics Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Cash And Cash Equivalents

2.40

4.57

5.12

7.59

LHN Logistics Semi-Annual Data
	Sep19	Sep20	Sep21	Mar22	Sep22	Mar23
Cash And Cash Equivalents	Get a 7-Day Free Trial			4.57	5.12	-	7.59	3.37

LHN Logistics 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.

LHN Logistics (SGX:GIH) 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.

LHN Logistics Cash And Cash Equivalents Related Terms

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LHN Logistics (SGX:GIH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LHN Logistics Ltd (SGX:GIH) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Raeburn Park No. 02-15B, Singapore, SGP, 088702

Website

https://www.lhnlogistics.com

LHN Logistics Ltd is a logistics services group with two principal business segments, namely, transportation and container depot services. Geographically it derives a majority of its revenue from Singapore.

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