ASFH (Asiafin Holdings) Cash, Cash Equivalents, Marketable Securities : $1.26 Mil (As of Mar. 2025)

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What is Asiafin Holdings Cash, Cash Equivalents, Marketable Securities?

Asiafin Holdings's quarterly cash, cash equivalents, marketable securities increased from Sep. 2024 ($0.86 Mil) to Dec. 2024 ($1.31 Mil) but then stayed the same from Dec. 2024 ($1.31 Mil) to Mar. 2025 ($1.26 Mil).

Asiafin Holdings's annual cash, cash equivalents, marketable securities increased from Dec. 2022 ($0.88 Mil) to Dec. 2023 ($1.23 Mil) and increased from Dec. 2023 ($1.23 Mil) to Dec. 2024 ($1.31 Mil).

Asiafin Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Asiafin Holdings's Cash, Cash Equivalents, Marketable Securities 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.

* Premium members only.

Asiafin Holdings Cash, Cash Equivalents, Marketable Securities Chart

Asiafin Holdings Annual Data

Trend

Aug20

Aug21

Dec22

Dec23

Dec24

Cash, Cash Equivalents, Marketable Securities

0.51

1.01

0.88

1.23

1.31

Asiafin Holdings Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															1.28	1.15	0.86	1.31	1.26

Asiafin Holdings Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Asiafin Holdings (OTCPK:ASFH) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Asiafin Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Asiafin Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Asiafin Holdings Corp (OTCPK:ASFH) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Sultan Ismail, Suite 30.02, 30th Floor, Menara KH (Promet), Kuala Lumpur, SGR, MYS, 50250

Website

https://www.asiafingroup.com

Asiafin Holdings Corp operates through its wholly owned subsidiaries by offering a range of system solutions in Payment Processing, Robotic Process Automation (RPA), and Regulatory Technology (RegTech) to financial institutions, regulatory agencies, professional service providers, and private enterprises from various industries, with existing clients in the Asia region. The Company has three reportable segments based on business units: Fintech, RPA, and Regtech businesses. The company generates all of its revenue from the Malaysian region.

Executives

Hui Yin Cham	officer: Principal Financial Officer	ZF-7 LE JARDINE CONDO, JALAN PANDAN INDAH 26, KUALA LUMPUR N8 55100
Seatech Ventures Corp.	10 percent owner	11-05&11-06, TOWER A,, AVE 3 VERTICAL BUSINESS SUITE,, BANGSAR SOUTH, KUALA LUMPUR N8 59200
Kai Cheong Wong	director, officer: CEO	NO.31, JALAN SL 3/3, BANDAR SUNGAI LONG, KAJANG N8 43000
Swee Ping Hoo	10 percent owner	20, JALAN SERING 7,, TAMAN SUNGAI SERING, BATU 9,, CHERAS N8 43200
See Unicorn Ventures Sdn Bhd	10 percent owner	11-05, TOWER A, AVE 3,, VERTICAL BUSINESS SUITE, JALAN KERINCHI, BANGSAR SOUTH N8 59200
Kok Wah Seah	director	B-13-3, PAPILLON DESA HILL, JALAN MORIB, TAMAN DESA, KUALA LUMPUR N8 58100