Hephaestus Holdings (HKSE:08173) Cash And Cash Equivalents : HK$9.92 Mil (As of Sep. 2023)

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What is Hephaestus Holdings Cash And Cash Equivalents?

Hephaestus Holdings's quarterly cash and cash equivalents declined from Mar. 2023 (HK$5.08 Mil) to Jun. 2023 (HK$0.00 Mil) but then increased from Jun. 2023 (HK$0.00 Mil) to Sep. 2023 (HK$9.92 Mil).

Hephaestus Holdings's annual cash and cash equivalents declined from Mar. 2021 (HK$64.24 Mil) to Mar. 2022 (HK$22.64 Mil) and declined from Mar. 2022 (HK$22.64 Mil) to Mar. 2023 (HK$5.08 Mil).

Hephaestus Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Hephaestus Holdings'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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Hephaestus Holdings Cash And Cash Equivalents Chart

Hephaestus Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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0.60

58.14

64.24

22.64

5.08

Hephaestus Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															19.09	-	5.08	-	9.92

Hephaestus Holdings 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.

Hephaestus Holdings (HKSE:08173) 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.

Hephaestus Holdings Cash And Cash Equivalents Related Terms

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Hephaestus Holdings (HKSE:08173) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hephaestus Holdings Ltd (HKSE:08173) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

180 Tung Lo Wan Road, Rooms 1602, 16th floor, Park Commercial Centre, Causeway Bay, Hong Kong, HKG

Website

https://www.hephaestus.com.hk

Hephaestus Holdings Ltd is an investment holding company which is engaged in the provision of interior design and execution services to premises including private residences, corporate offices, service apartments, hotels, residential clubhouses, show flats and sales galleries in Hong Kong. The company operates in single segment focusing on interior design and execution services and derives the majority of the revenue from Hong Kong.

Executives

Hong Kong Jun Tai Ting Investment Company Limited	2101 Beneficial owner
Huang Liang	2202 Interest of your spouse
Ye Huacong	2201 Interest of corporation controlled by you
Xiang Gang Jun Tai Ting Tou Zi You Xian Gong Si	2101 Beneficial owner

Hephaestus Holdings (HKSE:08173) Headlines

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