mm2 Asia (SGX:1B0) Cash And Cash Equivalents : S$17.9 Mil (As of Sep. 2023)

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What is mm2 Asia Cash And Cash Equivalents?

mm2 Asia's quarterly cash and cash equivalents increased from Sep. 2022 (S$5.05 Mil) to Mar. 2023 (S$9.44 Mil) and increased from Mar. 2023 (S$9.44 Mil) to Sep. 2023 (S$17.90 Mil).

mm2 Asia's annual cash and cash equivalents increased from Mar. 2021 (S$12.12 Mil) to Mar. 2022 (S$14.57 Mil) but then declined from Mar. 2022 (S$14.57 Mil) to Mar. 2023 (S$9.44 Mil).

mm2 Asia Cash And Cash Equivalents Historical Data

The historical data trend for mm2 Asia'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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mm2 Asia Cash And Cash Equivalents Chart

mm2 Asia Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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18.57

29.38

12.12

14.57

9.44

mm2 Asia Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															7.39	14.57	5.05	9.44	17.90

mm2 Asia 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.

mm2 Asia (SGX:1B0) 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.

mm2 Asia Cash And Cash Equivalents Related Terms

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mm2 Asia (SGX:1B0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » mm2 Asia Ltd (SGX:1B0) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

1MMA:Germany

Address

1002 Jalan Bukit Merah, No. 07-11, Redhill Industrial Estate, Singapore, SGP, 159456

Website

https://www.mm2asia.com

mm2 Asia Ltd Asia Ltd's core business lies in film, TV, and online content production, distribution, and sponsorship. across the content, entertainment, cinema, event, and concert industries in Singapore, Malaysia, Hong Kong, Taiwan, China, and the United States of America. The company's reportable segments include Core business, Digital content production, Cinema operations, Concerts and events, and others. The Cinema operations segment refers to sales of cinema tickets and concessions, hall rental, and screen advertising. The Core business segment refers to the group's production and distribution of motion pictures, video and television programs, and sponsorship. It generates maximum revenue from the Core segment. Geographically, it derives a majority of its revenue from Singapore.

mm2 Asia (SGX:1B0) Headlines

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