Wan Leader International (HKSE:08482) Cash, Cash Equivalents, Marketable Securities : HK$25.8 Mil (As of Sep. 2023)

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What is Wan Leader International Cash, Cash Equivalents, Marketable Securities?

Wan Leader International's quarterly cash, cash equivalents, marketable securities declined from Mar. 2023 (HK$25.73 Mil) to Jun. 2023 (HK$0.00 Mil) but then increased from Jun. 2023 (HK$0.00 Mil) to Sep. 2023 (HK$25.84 Mil).

Wan Leader International's annual cash, cash equivalents, marketable securities increased from Mar. 2021 (HK$26.69 Mil) to Mar. 2022 (HK$44.32 Mil) but then declined from Mar. 2022 (HK$44.32 Mil) to Mar. 2023 (HK$25.73 Mil).

Wan Leader International Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Wan Leader International'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.

Wan Leader International Cash, Cash Equivalents, Marketable Securities Chart

Wan Leader International Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

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43.63

15.86

26.69

44.32

25.73

Wan Leader International 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															73.25	-	25.73	-	25.84

Wan Leader International 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.

Wan Leader International (HKSE:08482) 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.

Wan Leader International Cash, Cash Equivalents, Marketable Securities Related Terms

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Wan Leader International (HKSE:08482) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wan Leader International Ltd (HKSE:08482) » Definitions » Cash, Cash Equivalents, Marketable Securities

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WANLF:USA

Address

18 Container Port Road South, Office Tower Units 901-902, Hutchison Logistics Centre, Terminal 4, Kwai Chung Container Port, Kwai Chung, New Territories, HKG

Website

https://www.wanleader.com

Wan Leader International Ltd is an investment holding company and the principal activities of its subsidiaries include the provision of freight forwarding and related logistics services and the provision of entrusted management services for operating an online e-commerce platform and Trading of fashion items. It generates maximum revenue from the Freight forwarding and related logistics services segment. Geographically it generates the majority of its revenue from Hongkong.

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