Solowin Holdings (Solowin Holdings) Cash, Cash Equivalents, Marketable Securities : $6.38 Mil (As of Sep. 2023)

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What is Solowin Holdings Cash, Cash Equivalents, Marketable Securities?

Solowin Holdings's quarterly cash, cash equivalents, marketable securities increased from Sep. 2022 ($0.64 Mil) to Mar. 2023 ($1.93 Mil) and increased from Mar. 2023 ($1.93 Mil) to Sep. 2023 ($6.38 Mil).

Solowin Holdings's annual cash, cash equivalents, marketable securities increased from Mar. 2021 ($0.54 Mil) to Mar. 2022 ($0.98 Mil) and increased from Mar. 2022 ($0.98 Mil) to Mar. 2023 ($1.93 Mil).

Solowin Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Solowin Holdings'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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Solowin Holdings Cash, Cash Equivalents, Marketable Securities Chart

Solowin Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

0.54

0.98

1.93

Solowin Holdings Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			-	0.98	0.64	1.93	6.38

Solowin Holdings 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.

Solowin Holdings (NAS:SWIN) 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.

Solowin Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Solowin Holdings (Solowin Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Solowin Holdings Ltd (NAS:SWIN) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Canton Road, Room 1910-1912A, Tower 3, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.solomonwin.com.hk

Solowin Holdings is a investor-focused, versatile securities brokerage company in Hong Kong. It offers a wide spectrum of products and services through its advanced and secured one-stop electronic platform. It is primarily engaged in providing securities related services, investment advisory service, and asset management service to customers.

Solowin Holdings (Solowin Holdings) Headlines

From GuruFocus

Solowin Holdings Announces Pricing of Initial Public Offering

By GlobeNewswire • 09-06-2023

Solowin Holdings Announces Pricing of Initial Public Offering

By Marketwired • 09-06-2023

Solowin Holdings Announces Closing of Initial Public Offering

By Marketwired • 09-08-2023