Straits Trading Co (SGX:S20) Cash And Cash Equivalents : S$458.1 Mil (As of Dec. 2023)

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What is Straits Trading Co Cash And Cash Equivalents?

Straits Trading Co's quarterly cash and cash equivalents increased from Dec. 2022 (S$251.69 Mil) to Jun. 2023 (S$354.47 Mil) and increased from Jun. 2023 (S$354.47 Mil) to Dec. 2023 (S$458.05 Mil).

Straits Trading Co's annual cash and cash equivalents increased from Dec. 2021 (S$141.62 Mil) to Dec. 2022 (S$251.69 Mil) and increased from Dec. 2022 (S$251.69 Mil) to Dec. 2023 (S$458.05 Mil).

Straits Trading Co Cash And Cash Equivalents Historical Data

The historical data trend for Straits Trading Co'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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Straits Trading Co Cash And Cash Equivalents Chart

Straits Trading Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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310.49

456.33

141.62

251.69

458.05

Straits Trading Co 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															141.62	341.37	251.69	354.47	458.05

Straits Trading Co 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.

Straits Trading Co (SGX:S20) 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.

Straits Trading Co Cash And Cash Equivalents Related Terms

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Straits Trading Co (SGX:S20) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Straits Trading Co Ltd (SGX:S20) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

W2F:Germany

Address

1 Wallich Street, No. 15-01, Guoco Tower, Singapore, SGP, 078881

Website

https://www.straitstrading.com.sg

Straits Trading Co Ltd is an investment company. The company operates in four business segments, Resources segment involved in the smelting of tin concentrates and tin bearing materials, the production of various grades of refined tin metal and the sale and delivery of refined tin metal and by-products, as well as investments in other metals and mineral resources. The Real Estate segment comprises s property investment, sales and leasing, property development, as well as property and real estate fund management. Its Hospitality business includes hotel ownership and hotel management under Far East Hospitality Holdings Pte. Ltd. It derives maximum revenue from the Resources segment. Geographically, it derives a majority of revenue from Malaysia.

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