Herald Holdings (HKSE:00114) Cash, Cash Equivalents, Marketable Securities : HK$306.6 Mil (As of Mar. 2024)

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

Herald Holdings's quarterly cash, cash equivalents, marketable securities increased from Mar. 2023 (HK$250.76 Mil) to Sep. 2023 (HK$304.51 Mil) and increased from Sep. 2023 (HK$304.51 Mil) to Mar. 2024 (HK$306.58 Mil).

Herald Holdings's annual cash, cash equivalents, marketable securities increased from Mar. 2022 (HK$175.20 Mil) to Mar. 2023 (HK$250.76 Mil) and increased from Mar. 2023 (HK$250.76 Mil) to Mar. 2024 (HK$306.58 Mil).

Herald Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Herald 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.

Herald Holdings Cash, Cash Equivalents, Marketable Securities Chart

Herald Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash, Cash Equivalents, Marketable Securities

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264.80

260.48

175.20

250.76

306.58

Herald Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															175.20	168.09	250.76	304.51	306.58

Herald 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.

Herald Holdings (HKSE:00114) 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.

Herald Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Herald Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Herald Holdings Ltd (HKSE:00114) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

HH3:Germany

Address

89 Queensway, Lippo Centre, Room 3110, 31 Floor, Tower Two, Hong Kong, HKG

Website

http://www.heraldgroup.com.hk

Herald Holdings Ltd is an investment holding company. It operates in the segments of Toys, Computer Products, Timepieces, Investments, and Others. The group derives majority revenue from the Toys segment which involves the manufacturing of wide range of toys including action figures, electronic radio-controlled toy cars and boats, electronic games, and pre-school toys. The company along with its subsidiaries is also engaged in the manufacture, sale, and distribution of computer products, housewares, clocks, watches, and electronic and gift products. The company has the majority of its customers based in Hong Kong, North America, the United Kingdom, Europe, Asia, Mainland China, and Others. It generates the highest revenue from the North America region.

Executives

Dorfman Robert	2101 Beneficial owner
Dorfman Tillman Sheri	2202 Interest of your spouse
Dingler Trina Elaine	2202 Interest of your spouse
Cheung Tsang Kay Stan	2307 Founder of a discretionary trust who can infl
Ng Yiu Chi Eleanor	2202 Interest of your spouse
Hsbc International Trustee Limited	2301 Trustee
Moral Excel Holdings Limited	2201 Interest of corporation controlled by you

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