HL Global Enterprises (SGX:AVX) Cash And Cash Equivalents : S$58.22 Mil (As of Dec. 2023)

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What is HL Global Enterprises Cash And Cash Equivalents?

HL Global Enterprises's quarterly cash and cash equivalents declined from Dec. 2022 (S$56.34 Mil) to Jun. 2023 (S$56.04 Mil) but then increased from Jun. 2023 (S$56.04 Mil) to Dec. 2023 (S$58.22 Mil).

HL Global Enterprises's annual cash and cash equivalents increased from Dec. 2021 (S$55.08 Mil) to Dec. 2022 (S$56.34 Mil) and increased from Dec. 2022 (S$56.34 Mil) to Dec. 2023 (S$58.22 Mil).

HL Global Enterprises Cash And Cash Equivalents Historical Data

The historical data trend for HL Global Enterprises'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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HL Global Enterprises Cash And Cash Equivalents Chart

HL Global Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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56.88

56.59

55.08

56.34

58.22

HL Global Enterprises Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															55.08	55.60	56.34	56.04	58.22

HL Global Enterprises 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.

HL Global Enterprises (SGX:AVX) 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.

HL Global Enterprises Cash And Cash Equivalents Related Terms

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HL Global Enterprises (SGX:AVX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » HL Global Enterprises Ltd (SGX:AVX) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

10 Anson Road, Number 19-08 International Plaza, Singapore, SGP, 079903

Website

http://www.hlge.com.sg

HL Global Enterprises Ltd operates and manages hotels and restaurants in Singapore, Malaysia, and China. It is also engaged in the development of properties for sale and rental, and property and development project management. It operates in three segments: Investment and others, which involves investment holding; Hospitality and restaurant which is engaged in operating and management of hotels and restaurants; and Property development which includes development of properties for sale and rental and property and development project management. The hospitality and restaurant segment generates maximum revenue for the company. The company operates in Singapore, the People's Republic of China and Malaysia.