EC Healthcare (HKSE:02138) Cash And Cash Equivalents : HK$631 Mil (As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is EC Healthcare Cash And Cash Equivalents?

EC Healthcare's quarterly cash and cash equivalents declined from Sep. 2022 (HK$718.54 Mil) to Mar. 2023 (HK$709.86 Mil) but then stayed the same from Mar. 2023 (HK$709.86 Mil) to Sep. 2023 (HK$630.57 Mil).

EC Healthcare's annual cash and cash equivalents declined from Mar. 2021 (HK$931.06 Mil) to Mar. 2022 (HK$870.23 Mil) and declined from Mar. 2022 (HK$870.23 Mil) to Mar. 2023 (HK$709.86 Mil).

EC Healthcare Cash And Cash Equivalents Historical Data

The historical data trend for EC Healthcare'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.

EC Healthcare Cash And Cash Equivalents Chart

EC Healthcare Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

Get a 7-Day Free Trial

366.97

521.39

931.06

870.23

709.86

EC Healthcare Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial													1,472.52	870.23	718.54	709.86	630.57

EC Healthcare 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.

EC Healthcare (HKSE:02138) 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.

EC Healthcare Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of EC Healthcare's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

EC Healthcare (HKSE:02138) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » EC Healthcare (HKSE:02138) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

UNHLF:USA 1UM0:Germany

Address

8 Argyle Street, L50, Langham Place Office Tower, Mong Kok, Hong Kong, HKG

Website

https://www.echealthcare.com

EC Healthcare is a Hong Kong-based non-hospital medical service provider. The principal activities of the group include the provision of medical services; aesthetic medical services, comprising medical aesthetics and dental services; beauty and wellness services, comprising traditional beauty, haircare, and ancillary wellness services; and the sale of skincare, healthcare and beauty products. The group caters to its services through the operating segments of Medical which is the key revenue generator segment and Aesthetic medical, beauty and wellness, and Veterinary and others. Geographically, the group has a business presence in Hong Kong, Macau, and the PRC.

Executives

The Goldman Sachs Group, Inc.	2201 Interest of corporation controlled by you
Tang Chi Fai	2202 Interest of your spouse
Yau Ming Li	2101 Beneficial owner
Union Medical Care Holding Limited	2101 Beneficial owner

EC Healthcare (HKSE:02138) Headlines

No Headlines