Best Mart 360 Holdings (HKSE:02360) Cash, Cash Equivalents, Marketable Securities : HK$256 Mil (As of Sep. 2023)

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What is Best Mart 360 Holdings Cash, Cash Equivalents, Marketable Securities?

Best Mart 360 Holdings's quarterly cash, cash equivalents, marketable securities declined from Sep. 2022 (HK$168.32 Mil) to Mar. 2023 (HK$146.05 Mil) but then increased from Mar. 2023 (HK$146.05 Mil) to Sep. 2023 (HK$255.56 Mil).

Best Mart 360 Holdings's annual cash, cash equivalents, marketable securities declined from Mar. 2020 (HK$215.91 Mil) to Mar. 2021 (HK$91.31 Mil) but then increased from Mar. 2021 (HK$91.31 Mil) to Mar. 2022 (HK$130.08 Mil).

Best Mart 360 Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Best Mart 360 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.

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Best Mart 360 Holdings Cash, Cash Equivalents, Marketable Securities Chart

Best Mart 360 Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Cash, Cash Equivalents, Marketable Securities

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27.77

272.28

215.91

91.31

130.08

Best Mart 360 Holdings Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial									54.76	130.08	168.32	146.05	255.56

Best Mart 360 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.

Best Mart 360 Holdings (HKSE:02360) 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.

Best Mart 360 Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Best Mart 360 Holdings (HKSE:02360) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Best Mart 360 Holdings Ltd (HKSE:02360) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

BMTHF:USA

Address

No. 108 Wai Yip Street, 11th Floor, C-Bons International Center, Kowloon, Hong Kong, HKG

Website

https://www.bestmart360.com

Best Mart 360 Holdings Ltd is a leisure food retailer operating chain retail stores under its stores Best Mart 360 and FoodVille. The company is engaged in retail sales of food and beverage, household and personal care products in Hong Kong, Macau and People's Republic of China. The company generates majority of the revenue from Hong Kong.

Executives

China Merchants Group Limited	2201 Interest of corporation controlled by you
China Merchants Hoi Tung Trading Company Limited	2106 Person having a security interest in shares
United East Global Limited	2101 Beneficial owner
Universal Tycoon Limited	2101 Beneficial owner
Sino Sea Enterprises Limited	2101 Beneficial owner
Hui Ngai Fan	2201 Interest of corporation controlled by you
Lin Tsz Fung	2201 Interest of corporation controlled by you
Sea Wealth Ventures Limited	2101 Beneficial owner
Giant Blessing Global Limited	2101 Beneficial owner
Lee Wai Bing	2202 Interest of your spouse

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