Top KingWin (Top KingWin) Cash, Cash Equivalents, Marketable Securities : $4.62 Mil (As of Dec. 2023)

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What is Top KingWin Cash, Cash Equivalents, Marketable Securities?

Top KingWin's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 ($2.65 Mil) to Jun. 2023 ($4.89 Mil) but then stayed the same from Jun. 2023 ($4.89 Mil) to Dec. 2023 ($4.62 Mil).

Top KingWin's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($3.82 Mil) to Dec. 2022 ($2.65 Mil) but then increased from Dec. 2022 ($2.65 Mil) to Dec. 2023 ($4.62 Mil).

Top KingWin Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Top KingWin'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.

Top KingWin Cash, Cash Equivalents, Marketable Securities Chart

Top KingWin Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

0.17

3.82

2.65

4.62

Top KingWin Quarterly Data
	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			-	2.56	2.65	4.89	4.62

Top KingWin 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.

Top KingWin (NAS:TCJH) 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.

Top KingWin Cash, Cash Equivalents, Marketable Securities Related Terms

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Top KingWin (Top KingWin) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Top KingWin Ltd (NAS:TCJH) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Donghuan Street, No. 555, North Panyu Avenue, Room 1304, Building No. 25, Tian’an Headquarters Center, Panyu District, Guangdong Province, Guangzhou, CHN, 511400

Website

Top KingWin Ltd operates as a corporate business training and consulting company, providing personal and management training and financial consulting services. It provides a number of essential business services in China to young and emerging companies including corporate business training services, which mainly focus on advanced knowledge and new perspectives on the capital markets; corporate consulting services, which mainly focus on various aspects of fundraising, and advisory and transaction services. Its main clients are entrepreneurs and executives in China's small and medium enterprises (SMEs).

Top KingWin (Top KingWin) Headlines

From GuruFocus

Univest Securities, LLC Announces Closing of $11 Million Initial Public Offering of Class A Ordinary Shares for its Client Top KingWin Ltd (Nasdaq: TCJH)

By sperokesalga sperokesalga • 04-20-2023

Top KingWin Ltd Rings Nasdaq Closing Bell

By PRNewswire PRNewswire • 04-28-2023

Top KingWin Ltd Announces Closing of $11 Million Initial Public Offering

By PRNewswire PRNewswire • 04-20-2023

Top KingWin Ltd Announces Pricing of Initial Public Offering

By PRNewswire PRNewswire • 04-17-2023