SUIC Worldwide Holdings (SUIC Worldwide Holdings) Cash And Cash Equivalents : $0.01 Mil (As of Mar. 2024)

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What is SUIC Worldwide Holdings Cash And Cash Equivalents?

SUIC Worldwide Holdings's quarterly cash and cash equivalents declined from Sep. 2023 ($0.01 Mil) to Dec. 2023 ($0.01 Mil) but then increased from Dec. 2023 ($0.01 Mil) to Mar. 2024 ($0.01 Mil).

SUIC Worldwide Holdings's annual cash and cash equivalents declined from Dec. 2021 ($0.03 Mil) to Dec. 2022 ($0.02 Mil) and declined from Dec. 2022 ($0.02 Mil) to Dec. 2023 ($0.01 Mil).

SUIC Worldwide Holdings Cash And Cash Equivalents Historical Data

The historical data trend for SUIC Worldwide 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.

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SUIC Worldwide Holdings Cash And Cash Equivalents Chart

SUIC Worldwide Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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0.01

0.03

0.02

0.01

SUIC Worldwide Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.02	0.01	0.01	0.01	0.01

SUIC Worldwide 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.

SUIC Worldwide Holdings (OTCPK:SUIC) 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.

SUIC Worldwide Holdings Cash And Cash Equivalents Related Terms

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SUIC Worldwide Holdings (SUIC Worldwide Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SUIC Worldwide Holdings Ltd (OTCPK:SUIC) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

136-20 38th Avenue, Unit 3G, Flushing, NY, USA, 11354

Website

https://www.sinounitedco.com

SUIC Worldwide Holdings Ltd provides research and development, venture financing for, and investing in private enterprises and the public sector that develops products and services adopting core capabilities of the Internet of Things, cloud computing, mobile payment, Big Data, Blockchain, and Artificial Intelligence, to enhance and streamline existing processes, and establish new and exciting business models that will create revolutionary products and services.

Executives

Jianye Wang	10 percent owner	47 HUAGONG ROAD, ZHAO DONG CITY, HEILONGJIANG F4 151100
Haipeng Wang	director, 10 percent owner, officer: VP, Global Energy Services	136-20 39TH AVENUE, UNIT 3G, FLUSHING NY 11354