Sun Art Retail Group (Sun Art Retail Group) Cash And Cash Equivalents : $2,029 Mil (As of Sep. 2023)

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What is Sun Art Retail Group Cash And Cash Equivalents?

Sun Art Retail Group's quarterly cash and cash equivalents declined from Sep. 2022 ($2,019.80 Mil) to Mar. 2023 ($1,800.64 Mil) but then increased from Mar. 2023 ($1,800.64 Mil) to Sep. 2023 ($2,029.21 Mil).

Sun Art Retail Group's annual cash and cash equivalents declined from Dec. 2019 ($1,889.30 Mil) to Mar. 2022 ($1,780.10 Mil) but then increased from Mar. 2022 ($1,780.10 Mil) to Mar. 2023 ($1,800.64 Mil).

Sun Art Retail Group Cash And Cash Equivalents Historical Data

The historical data trend for Sun Art Retail Group'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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Sun Art Retail Group Cash And Cash Equivalents Chart

Sun Art Retail Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Mar22

Mar23

Cash And Cash Equivalents

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1,571.62

1,956.65

1,889.30

1,780.10

1,800.64

Sun Art Retail Group Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															2,156.50	1,780.10	2,019.80	1,800.64	2,029.21

Sun Art Retail Group 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.

Sun Art Retail Group (OTCPK:SURRF) 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.

Sun Art Retail Group Cash And Cash Equivalents Related Terms

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Sun Art Retail Group (Sun Art Retail Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sun Art Retail Group Ltd (OTCPK:SURRF) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

SURRY:USA 06808:Hong Kong SRI:Germany

Address

183 Queen’s Road East, Level 54, Hopewell Centre, Hong Kong, HKG

Website

https://www.sunartretail.com

Sun Art Retail Group Ltd is a hypermarket operator in China. As of 2019, the company had 491 hypermarket complexes under two banners: Auchan and RT-Mart, with a total gross floor area of 13.68 million square meters. Sun Art operates its business with hypermarkets, superstores, and mini stores under RT-Super and RT-Mini.

Sun Art Retail Group (Sun Art Retail Group) Headlines

From GuruFocus

Matthews China Fund Comments on Sun Art Retail Group Ltd

By Vera Yuan Vera Yuan • 07-30-2015