YY Group Holding (YY Group Holding) Cash And Cash Equivalents : $0.47 Mil (As of Dec. 2023)

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What is YY Group Holding Cash And Cash Equivalents?

YY Group Holding's quarterly cash and cash equivalents increased from Dec. 2022 ($0.16 Mil) to Jun. 2023 ($0.28 Mil) and increased from Jun. 2023 ($0.28 Mil) to Dec. 2023 ($0.47 Mil).

YY Group Holding's annual cash and cash equivalents increased from Dec. 2021 ($0.07 Mil) to Dec. 2022 ($0.16 Mil) and increased from Dec. 2022 ($0.16 Mil) to Dec. 2023 ($0.47 Mil).

YY Group Holding Cash And Cash Equivalents Historical Data

The historical data trend for YY Group Holding'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.

YY Group Holding Cash And Cash Equivalents Chart

YY Group Holding Annual Data

Trend

Dec21

Dec22

Dec23

Cash And Cash Equivalents

0.07

0.16

0.47

YY Group Holding Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	0.07	-	0.16	0.28	0.47

YY Group Holding 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.

YY Group Holding (NAS:YYGH) 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.

YY Group Holding Cash And Cash Equivalents Related Terms

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YY Group Holding (YY Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » YY Group Holding Ltd (NAS:YYGH) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Paya Lebar Road, 05-43 Paya Lebar Square, Singapore, SGP, 409051

Website

https://www.yygroupholding.com

YY Group Holding Ltd is a data and technology driven company focused on developing enterprise intelligent labor matching services and smart cleaning services founded in Singapore. It provides enterprise manpower outsourcing and smart cleaning services in Singapore and Malaysia. The group has two operating segment, which is cleaning services segment and manpower outsourcing services, Maximum revenue is generated from cleaning services.

YY Group Holding (YY Group Holding) Headlines

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YY Group Announces Closing of Initial Public Offering

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