Shangri-La Asia (SGX:S07) Cash, Cash Equivalents, Marketable Securities : HK$7,640 Mil (As of Dec. 2023)

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What is Shangri-La Asia Cash, Cash Equivalents, Marketable Securities?

Shangri-La Asia's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (HK$6,071.66 Mil) to Jun. 2023 (HK$6,085.46 Mil) and increased from Jun. 2023 (HK$6,085.46 Mil) to Dec. 2023 (HK$7,640.02 Mil).

Shangri-La Asia's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$6,255.71 Mil) to Dec. 2022 (HK$6,071.66 Mil) but then increased from Dec. 2022 (HK$6,071.66 Mil) to Dec. 2023 (HK$7,640.02 Mil).

Shangri-La Asia Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Shangri-La Asia'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.

Shangri-La Asia Cash, Cash Equivalents, Marketable Securities Chart

Shangri-La Asia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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8,076.60

7,807.13

6,255.71

6,071.66

7,640.02

Shangri-La Asia Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															6,255.71	5,246.93	6,071.66	6,085.46	7,640.02

Shangri-La Asia 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.

Shangri-La Asia (SGX:S07) 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.

Shangri-La Asia Cash, Cash Equivalents, Marketable Securities Related Terms

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Shangri-La Asia (SGX:S07) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shangri-La Asia Ltd (SGX:S07) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

SHALY:USA SHALF:USA 00069:Hong Kong SHN:Germany

Address

683 King's Road, 28th Floor Kerry Centre, Quarry Bay, Hong Kong, HKG

Website

https://www.shangri-la.com

Shangri-La Asia Ltd owns and manages hotels in The People's Republic of China under the brands Shangri-La Hotels, Shangri-La Resorts, Kerry Hotels, Hotel Jen, and Traders Hotels. Other countries in which the group has its presence include Singapore, The Philippines, Malaysia, Thailand, Japan, Australia, and a few Other Countries. Other than hotel operations, the group also engaged in golf course operations in Bali, Indonesia, and wine trading in Hong Kong. Its business is organized into Hotel Properties, Hotel management and Related services, Investment Properties, and Property Development for sales. Revenues are generated from room rental, food and beverage sales, hotel management, Rental revenue from investment properties, and sales of properties.

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