International Housewares Retail Co (HKSE:01373) Cash, Cash Equivalents, Marketable Securities : HK$319 Mil (As of Oct. 2023)

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What is International Housewares Retail Co Cash, Cash Equivalents, Marketable Securities?

International Housewares Retail Co's quarterly cash, cash equivalents, marketable securities declined from Oct. 2022 (HK$468.85 Mil) to Apr. 2023 (HK$402.31 Mil) but then stayed the same from Apr. 2023 (HK$402.31 Mil) to Oct. 2023 (HK$318.78 Mil).

International Housewares Retail Co's annual cash, cash equivalents, marketable securities declined from Apr. 2021 (HK$428.85 Mil) to Apr. 2022 (HK$416.92 Mil) and declined from Apr. 2022 (HK$416.92 Mil) to Apr. 2023 (HK$402.31 Mil).

International Housewares Retail Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for International Housewares Retail Co'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.

International Housewares Retail Co Cash, Cash Equivalents, Marketable Securities Chart

International Housewares Retail Co Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash, Cash Equivalents, Marketable Securities

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370.10

363.13

428.85

416.92

402.31

International Housewares Retail Co Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															430.94	416.92	468.85	402.31	318.78

International Housewares Retail Co 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.

International Housewares Retail Co (HKSE:01373) 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.

International Housewares Retail Co Cash, Cash Equivalents, Marketable Securities Related Terms

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International Housewares Retail Co (HKSE:01373) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » International Housewares Retail Co Ltd (HKSE:01373) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

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Address

Southmark, 11 Yip Hing Street, 20th Floor, Tower B, Wong Chuk Hang, Hong Kong, HKG

Website

http://www.ihr.com.hk

International Housewares Retail Co Ltd and its subsidiaries are houseware retail chains in Hong Kong, Singapore, and Macau. The group offers houseware products through a retail network comprising stores in Hong Kong, Singapore, Macau, Cambodia, East Malaysia, Saudi Arabia and Australia under brands including Japan Home Centre, City Life, Epo gifts and stationery, 123 by ELLA, and Japan Home. The group has reportable operating segments namely Retail, Wholesales, Licensing and others. Hong Kong is the key market of the group, accounting for majorly of its total revenue. It generates the majority of its revenue from the Retail segment.

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