Lum Chang Holdings (SGX:L19) Cash And Cash Equivalents : S$50.7 Mil (As of Jun. 2024)

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What is Lum Chang Holdings Cash And Cash Equivalents?

Lum Chang Holdings's quarterly cash and cash equivalents declined from Jun. 2023 (S$90.48 Mil) to Dec. 2023 (S$54.95 Mil) but then stayed the same from Dec. 2023 (S$54.95 Mil) to Jun. 2024 (S$50.68 Mil).

Lum Chang Holdings's annual cash and cash equivalents increased from Jun. 2022 (S$79.26 Mil) to Jun. 2023 (S$90.48 Mil) but then declined from Jun. 2023 (S$90.48 Mil) to Jun. 2024 (S$50.68 Mil).

Lum Chang Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Lum Chang Holdings'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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Lum Chang Holdings Cash And Cash Equivalents Chart

Lum Chang Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash And Cash Equivalents

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151.03

100.08

79.26

90.48

50.68

Lum Chang Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash And Cash Equivalents	Get a 7-Day Free Trial															79.26	95.68	90.48	54.95	50.68

Lum Chang Holdings 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.

Lum Chang Holdings (SGX:L19) 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.

Lum Chang Holdings Cash And Cash Equivalents Related Terms

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Lum Chang Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lum Chang Holdings Ltd (SGX:L19) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 Kung Chong Road, No. 08-01 Lum Chang Building, Singapore, SGP, 159150

Website

http://www.lumchang.com.sg

Lum Chang Holdings Ltd is a construction company. It operates through the following segments: Construction; Property Development and Investment and Investment Holding and Other. The Construction segment which derives the majority of revenue engages in the construction of buildings and building extensions, additions and alteration, refurbishment, and restoration of buildings. The Property Development and Investment segment develops property for sale and holds properties for the investment purposes of the company. The Investment Holding and Others segment is the holding of investments and provision of management services to the companies within the group.

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