Sound Global (HKSE:00967) Cash, Cash Equivalents, Marketable Securities : HK$445 Mil (As of Jun. 2019)

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What is Sound Global Cash, Cash Equivalents, Marketable Securities?

Sound Global's quarterly cash, cash equivalents, marketable securities declined from Jun. 2018 (HK$4,896.11 Mil) to Dec. 2018 (HK$571.76 Mil) but then stayed the same from Dec. 2018 (HK$571.76 Mil) to Jun. 2019 (HK$445.16 Mil).

Sound Global's annual cash, cash equivalents, marketable securities increased from Dec. 2016 (HK$576.05 Mil) to Dec. 2017 (HK$1,742.38 Mil) but then declined from Dec. 2017 (HK$1,742.38 Mil) to Dec. 2018 (HK$571.76 Mil).

Sound Global Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Sound Global'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.

Sound Global Cash, Cash Equivalents, Marketable Securities Chart

Sound Global Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash, Cash Equivalents, Marketable Securities

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2,466.14

2,069.21

576.05

1,742.38

571.76

Sound Global Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															897.24	1,742.38	4,896.11	571.76	445.16

Sound Global 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.

Sound Global (HKSE:00967) 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.

Sound Global Cash, Cash Equivalents, Marketable Securities Related Terms

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Sound Global (HKSE:00967) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Sound Global Ltd (HKSE:00967) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

460 Alexandra Road, Fragrance Empire Building Number 04-03, Singapore, SGP, 119962

Website

http://www.soundglobal.com.sg

Sound Global Ltd is a utilities service provider. Its business mainly involves the provision of water supply and wastewater treatment solutions. The group develops proprietary technologies and customizes them into effective turnkey solutions for industrial and municipal projects. It is engaged in three operating segments, namely Turnkey Projects and Services, which is the key revenue generator; Equipment Fabrications; and Operations and maintenance of water supply and wastewater treatment facilities.

Executives

Century Plus Limited	2101 Beneficial owner
China Cinda Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
Cinda Investment Co., Ltd.	2201 Interest of corporation controlled by you
Cui Wanlin	2201 Interest of corporation controlled by you
Jin Si Fang Investment (beijing) Company Limited	2201 Interest of corporation controlled by you
Ningbo Meishan Baoshuigangqu Jinxin Tairun Investment Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Hainan Jianxin Investment Management Co., Ltd.	2201 Interest of corporation controlled by you
Wen Yibo	2201 Interest of corporation controlled by you
Zhang Huiming	2202 Interest of your spouse
Sound Water (bvi) Limited	2101 Beneficial owner
Changxing Sound Investment Partnership (limited Partnership)	2106 Person having a security interest in shares
Shoutai Jinxin (beijing ) Fund Investment & Management Co. Ltd	2201 Interest of corporation controlled by you
Shoutai Jinxin (changxing) Investment & Management Co. Ltd.	2201 Interest of corporation controlled by you

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