Emperor Entertainment Hotel (HKSE:00296) Cash, Cash Equivalents, Marketable Securities : HK$521.7 Mil (As of Sep. 2023)

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What is Emperor Entertainment Hotel Cash, Cash Equivalents, Marketable Securities?

Emperor Entertainment Hotel's quarterly cash, cash equivalents, marketable securities declined from Sep. 2022 (HK$437.26 Mil) to Mar. 2023 (HK$437.12 Mil) but then increased from Mar. 2023 (HK$437.12 Mil) to Sep. 2023 (HK$521.72 Mil).

Emperor Entertainment Hotel's annual cash, cash equivalents, marketable securities declined from Mar. 2021 (HK$3,276.72 Mil) to Mar. 2022 (HK$985.44 Mil) and declined from Mar. 2022 (HK$985.44 Mil) to Mar. 2023 (HK$437.12 Mil).

Emperor Entertainment Hotel Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Emperor Entertainment Hotel's Cash, Cash Equivalents, Marketable Securities 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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Emperor Entertainment Hotel Cash, Cash Equivalents, Marketable Securities Chart

Emperor Entertainment Hotel Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

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3,035.59

3,590.38

3,276.72

985.44

437.12

Emperor Entertainment Hotel Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															1,101.77	985.44	437.26	437.12	521.72

Emperor Entertainment Hotel Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Emperor Entertainment Hotel (HKSE:00296) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Emperor Entertainment Hotel Cash, Cash Equivalents, Marketable Securities Related Terms

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Emperor Entertainment Hotel (HKSE:00296) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Emperor Entertainment Hotel Ltd (HKSE:00296) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

EM7A:Germany

Address

288 Hennessy Road, 28th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG

Website

https://www.emp296.com

Emperor Entertainment Hotel Ltd is a Macao-based company that is active in the hospitality and entertainment industry. The company is engaged provision of gaming-related marketing and public relations services in the casino of the Grand Emperor Hotel, the operation of a mass market hall, VIP room, and slot machine hall operations. The company is also engaged in the hotel operation of the Grand Emperor Hotel and the Inn Hotel Macau. The company manages its business in segments namely gaming operations, Leasing, and hotel operation. It generates the majority of its revenue from hotel operations in Macau.

Executives

Albert Yeung Holdings Limited	2201 Interest of corporation controlled by you
Emperor International Holdings Limited	2201 Interest of corporation controlled by you
First Trust Services Ag	2301 Trustee
Luk Siu Man, Semon	2202 Interest of your spouse
Yeung Sau Shing, Albert	2307 Founder of a discretionary trust who can infl
First Trust Services Ag (formerly Known As First Trust Services Gmbh)
First Trust Services Gmbh

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