Roma Green Finance (Roma Green Finance) Cash And Cash Equivalents : $0.07 Mil (As of Mar. 2023)

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What is Roma Green Finance Cash And Cash Equivalents?

Roma Green Finance's quarterly cash and cash equivalents increased from Mar. 2022 ($0.05 Mil) to Sep. 2022 ($0.06 Mil) and increased from Sep. 2022 ($0.06 Mil) to Mar. 2023 ($0.07 Mil).

Roma Green Finance's annual cash and cash equivalents increased from Mar. 2021 ($0.05 Mil) to Mar. 2022 ($0.05 Mil) and increased from Mar. 2022 ($0.05 Mil) to Mar. 2023 ($0.07 Mil).

Roma Green Finance Cash And Cash Equivalents Historical Data

The historical data trend for Roma Green Finance's Cash And Cash Equivalents 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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Roma Green Finance Cash And Cash Equivalents Chart

Roma Green Finance Annual Data

Trend

Mar21

Mar22

Mar23

Cash And Cash Equivalents

0.05

0.07

Roma Green Finance Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23
Cash And Cash Equivalents	0.05	-	0.05	0.06	0.07

Roma Green Finance Cash And Cash Equivalents 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.

Roma Green Finance (NAS:ROMA) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Roma Green Finance Cash And Cash Equivalents Related Terms

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Roma Green Finance (Roma Green Finance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Roma Green Finance Ltd (NAS:ROMA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Fleming Road, Flat 605, 6 Floor, Tai Tung Building, Wanchai, Hong Kong, HKG

Website

http://www.romaesg.com

Roma Green Finance Ltd is principally engaged in the provision of ESG, corporate governance and risk management as well as sustainability and climate change-related advisory services. The company works closely with its clients to help them understand, identify, manage and overcome various business matters arising from such factors related to ESG, sustainability and climate change. it provides tailored-made sustainability solutions to meet the client's specific needs. Its mission is to provide its clients with a one-stop destination for high-quality and holistic sustainability and climate change-related consulting services to support a more sustainable, balanced and inclusive future for our clients' organizations and the world.

Roma Green Finance (Roma Green Finance) Headlines

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