Bonvests Holdings (SGX:B28) Cash And Cash Equivalents : S$29.7 Mil (As of Dec. 2023)

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What is Bonvests Holdings Cash And Cash Equivalents?

Bonvests Holdings's quarterly cash and cash equivalents declined from Dec. 2022 (S$31.90 Mil) to Jun. 2023 (S$24.36 Mil) but then increased from Jun. 2023 (S$24.36 Mil) to Dec. 2023 (S$29.69 Mil).

Bonvests Holdings's annual cash and cash equivalents declined from Dec. 2021 (S$37.35 Mil) to Dec. 2022 (S$31.90 Mil) and declined from Dec. 2022 (S$31.90 Mil) to Dec. 2023 (S$29.69 Mil).

Bonvests Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Bonvests Holdings'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.

* Premium members only.

Bonvests Holdings Cash And Cash Equivalents Chart

Bonvests Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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46.46

38.61

37.35

31.90

29.69

Bonvests Holdings 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															37.35	27.12	31.90	24.36	29.69

Bonvests Holdings 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.

Bonvests Holdings (SGX:B28) 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.

Bonvests Holdings Cash And Cash Equivalents Related Terms

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Bonvests Holdings (SGX:B28) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bonvests Holdings Ltd (SGX:B28) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

541 Orchard Road, No. 16-00 Liat Towers, Singapore, SGP, 238881

Website

https://www.bonvests.com.sg

Bonvests Holdings Ltd is engaged in property development and investment, hotel ownership and management and waste management and contract cleaning of buildings. The company's business activities include owning and letting properties, development, and operation of hotels and a golf course, collection and disposal of waste and contract cleaning, securities trading and investment holding and provision of management services. The company divides its business into five segments namely Rental, Hotel, Industrial, Investment, Development, and Others. The company offers its services in Singapore, Tunisia, Mauritius, Australia, Zanzibar, Indonesia, and Maldives. It earns a majority of its revenue from Singapore.

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