Metasurface Technologies Holdings (HKSE:08637) Cash, Cash Equivalents, Marketable Securities : HK$54.1 Mil (As of Dec. 2023)

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What is Metasurface Technologies Holdings Cash, Cash Equivalents, Marketable Securities?

Metasurface Technologies Holdings's quarterly cash, cash equivalents, marketable securities increased from . 20 (HK$0.00 Mil) to Dec. 2022 (HK$25.30 Mil) and increased from Dec. 2022 (HK$25.30 Mil) to Dec. 2023 (HK$54.08 Mil).

Metasurface Technologies Holdings's annual cash, cash equivalents, marketable securities increased from . 20 (HK$0.00 Mil) to Dec. 2022 (HK$25.30 Mil) and increased from Dec. 2022 (HK$25.30 Mil) to Dec. 2023 (HK$54.08 Mil).

Metasurface Technologies Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Metasurface Technologies 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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Metasurface Technologies Holdings Cash, Cash Equivalents, Marketable Securities Chart

Metasurface Technologies Holdings Annual Data

Trend

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

25.30

54.08

Metasurface Technologies Holdings Semi-Annual Data
	Dec22	Dec23
Cash, Cash Equivalents, Marketable Securities	25.30	54.08

Metasurface Technologies 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.

Metasurface Technologies Holdings (HKSE:08637) 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.

Metasurface Technologies Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Metasurface Technologies Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Metasurface Technologies Holdings Ltd (HKSE:08637) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 43 Tuas View Circuit, Singapore, SGP, 637360

Website

https://www.metatechnologies.com.sg

Metasurface Technologies Holdings Ltd is a precision engineering services provider in Singapore. The Group considers the business from three segments: 1) Precision machining is a machining process of removing materials from a workpiece with standard for high accuracy to create parts and components with tight of tolerance. 2) Precision welding is a process which involves the use of weldment equipment and specialised welding technique on a workpiece in a very precise and controlled fashion. 3) Sale of laser diodes (Discontinued operation).

Metasurface Technologies Holdings Headlines

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