AF Global (SGX:L38) Cash And Cash Equivalents : S$22.59 Mil (As of Dec. 2023)

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What is AF Global Cash And Cash Equivalents?

AF Global's quarterly cash and cash equivalents increased from Dec. 2022 (S$14.88 Mil) to Jun. 2023 (S$17.37 Mil) and increased from Jun. 2023 (S$17.37 Mil) to Dec. 2023 (S$22.59 Mil).

AF Global's annual cash and cash equivalents increased from Dec. 2021 (S$13.42 Mil) to Dec. 2022 (S$14.88 Mil) and increased from Dec. 2022 (S$14.88 Mil) to Dec. 2023 (S$22.59 Mil).

AF Global Cash And Cash Equivalents Historical Data

The historical data trend for AF Global'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.

AF Global Cash And Cash Equivalents Chart

AF Global Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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23.63

16.64

13.42

14.88

22.59

AF Global Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	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															13.42	13.00	14.88	17.37	22.59

AF Global 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.

AF Global (SGX:L38) 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.

AF Global Cash And Cash Equivalents Related Terms

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AF Global (SGX:L38) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » AF Global Ltd (SGX:L38) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

55 Ubi Avenue 3 No. 04-01, Aspial One, Singapore, SGP, 408864

Website

http://www.afgl.com.sg

AF Global Ltd focuses on hospitality and investment holdings divisions. The activity of the firm is operated by Property, Hotel, and serviced residences, and Others segments. The Property segment relates to project and property management, real estate consultancy services, investment in properties and development of properties for sale. The Hotel and serviced Residence segment owns and operates hotels and serviced residences. The Others segment relates mainly to investment holding activities.

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