Leader Education (HKSE:01449) Cash, Cash Equivalents, Marketable Securities : HK$363.9 Mil (As of Feb. 2024)

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What is Leader Education Cash, Cash Equivalents, Marketable Securities?

Leader Education's quarterly cash, cash equivalents, marketable securities increased from Feb. 2023 (HK$230.43 Mil) to Aug. 2023 (HK$292.36 Mil) and increased from Aug. 2023 (HK$292.36 Mil) to Feb. 2024 (HK$363.93 Mil).

Leader Education's annual cash, cash equivalents, marketable securities declined from Aug. 2021 (HK$365.25 Mil) to Aug. 2022 (HK$292.01 Mil) but then increased from Aug. 2022 (HK$292.01 Mil) to Aug. 2023 (HK$292.36 Mil).

Leader Education Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Leader Education'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.

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Leader Education Cash, Cash Equivalents, Marketable Securities Chart

Leader Education Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash, Cash Equivalents, Marketable Securities

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155.37

377.67

365.25

292.01

292.36

Leader Education Semi-Annual Data
	Aug17	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial								196.10	292.01	230.43	292.36	363.93

Leader Education 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.

Leader Education (HKSE:01449) 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.

Leader Education Cash, Cash Equivalents, Marketable Securities Related Terms

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Leader Education (HKSE:01449) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Leader Education Ltd (HKSE:01449) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

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Address

Qunying Jie No. 33, Xueyuan Road, Limin Development Zone, Heilongjiang Province, Harbin, CHN, 150025

Website

https://www.hibu.edu.cn

Leader Education Ltd is engaged in providing private higher education services in the People's Republic of China. The school is a degree-granting private formal university-level education institution that offers around 26 undergraduate majors in a wide range of subject areas, including engineering, management, economics, literature, and arts.

Executives

Huatai Securities Co., Ltd.	2201 Interest of corporation controlled by you
Shuren Education Limited	2101 Beneficial owner
Dong Ling	2201 Interest of corporation controlled by you
Liu Laixiang	2202 Interest of your spouse
Junhua Education Limited	2101 Beneficial owner

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