SNLKF (Sinolink Worldwide Holdings) Cash And Cash Equivalents : $79.02 Mil (As of Dec. 2024)

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What is Sinolink Worldwide Holdings Cash And Cash Equivalents?

Sinolink Worldwide Holdings's quarterly cash and cash equivalents increased from Dec. 2023 ($65.64 Mil) to Jun. 2024 ($90.92 Mil) but then stayed the same from Jun. 2024 ($90.92 Mil) to Dec. 2024 ($79.02 Mil).

Sinolink Worldwide Holdings's annual cash and cash equivalents declined from Dec. 2022 ($108.68 Mil) to Dec. 2023 ($65.64 Mil) but then increased from Dec. 2023 ($65.64 Mil) to Dec. 2024 ($79.02 Mil).

Sinolink Worldwide Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Sinolink Worldwide 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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Sinolink Worldwide Holdings Cash And Cash Equivalents Chart

Sinolink Worldwide Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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164.56

197.38

108.68

65.64

79.02

Sinolink Worldwide Holdings 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															108.68	80.18	65.64	90.92	79.02

Sinolink Worldwide 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.

Sinolink Worldwide Holdings (OTCPK:SNLKF) 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.

Sinolink Worldwide Holdings Cash And Cash Equivalents Related Terms

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Sinolink Worldwide Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sinolink Worldwide Holdings Ltd (OTCPK:SNLKF) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

01168:Hong Kong

Address

199 Des Voeux Road Central, 28th Floor, Infinitus Plaza, Hong Kong, HKG

Website

http://www.sinolinkhk.com

Sinolink Worldwide Holdings Ltd is an investment holding company engaged in property-related business. The operating segments of the company are 1) Property development segment includes property development and sale of properties; 2) Property investment segment includes property leasing; 3) Property management segment includes provision of property management services; 4) Financing services segment includes provision of efficient financial leasing solutions and multiple consultancy services; 5) Others segment includes Income from operating hotel and primary school and provision of project management services.