Expert Systems Holdings (HKSE:08319) Cash, Cash Equivalents, Marketable Securities : HK$148.6 Mil (As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Expert Systems Holdings Cash, Cash Equivalents, Marketable Securities?

Expert Systems Holdings's quarterly cash, cash equivalents, marketable securities declined from Mar. 2023 (HK$197.40 Mil) to Jun. 2023 (HK$0.00 Mil) but then increased from Jun. 2023 (HK$0.00 Mil) to Sep. 2023 (HK$148.58 Mil).

Expert Systems Holdings's annual cash, cash equivalents, marketable securities increased from Mar. 2021 (HK$152.11 Mil) to Mar. 2022 (HK$201.36 Mil) but then declined from Mar. 2022 (HK$201.36 Mil) to Mar. 2023 (HK$197.40 Mil).

Expert Systems Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Expert Systems 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.

Expert Systems Holdings Cash, Cash Equivalents, Marketable Securities Chart

Expert Systems Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

99.07

95.40

152.11

201.36

197.40

Expert Systems Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															142.20	-	197.40	-	148.58

Expert Systems 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.

Expert Systems Holdings (HKSE:08319) 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.

Expert Systems Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Expert Systems Holdings's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Expert Systems Holdings (HKSE:08319) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Expert Systems Holdings Ltd (HKSE:08319) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

64 Hoi Yuen Road, 22nd Floor, Yen Sheng Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.expertsystems.com.hk

Expert Systems Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is principally engaged in the provision of IT infrastructure solutions .The operating segments of the Company are the provision of IT infrastructure solutions, the provision of IT infrastructure management services and the provision of AI business. Its products and solutions comprise server and storage consolidation, backup and restore, desktop management, networking, infrastructure and management, and information security. The company serves a diverse range of markets including banking, finance, insurance, telecommunications, media, Hotel and government sector. The company's operations are carried out in Hong Kong and Macau. Hong Kong contributes to the vast majority of total revenue.

Expert Systems Holdings (HKSE:08319) Headlines

No Headlines