SU Group Holdings (SU Group Holdings) Cash And Cash Equivalents : $2.10 Mil (As of Sep. 2023)

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What is SU Group Holdings Cash And Cash Equivalents?

SU Group Holdings's quarterly cash and cash equivalents declined from Sep. 2022 ($3.21 Mil) to Mar. 2023 ($2.90 Mil) but then stayed the same from Mar. 2023 ($2.90 Mil) to Sep. 2023 ($2.10 Mil).

SU Group Holdings's annual cash and cash equivalents declined from Sep. 2021 ($4.00 Mil) to Sep. 2022 ($3.21 Mil) and declined from Sep. 2022 ($3.21 Mil) to Sep. 2023 ($2.10 Mil).

SU Group Holdings Cash And Cash Equivalents Historical Data

The historical data trend for SU Group 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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SU Group Holdings Cash And Cash Equivalents Chart

SU Group Holdings Annual Data

Trend

Sep21

Sep22

Sep23

Cash And Cash Equivalents

4.00

3.21

2.10

SU Group Holdings Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	4.00	-	3.21	2.90	2.10

SU Group 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.

SU Group Holdings (NAS:SUGP) 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.

SU Group Holdings Cash And Cash Equivalents Related Terms

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SU Group Holdings (SU Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SU Group Holdings Ltd (NAS:SUGP) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Hung To Road, Unit 01 – 03, 3/F, Billion Trade Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.sugroup.com.hk

SU Group Holdings Ltd and its subsidiaries is an integrated security-related services company that primarily provides security-related engineering services, and to a lesser extent, security guarding and screening services and related vocational training services, in Hong Kong.

SU Group Holdings (SU Group Holdings) Headlines

From GuruFocus

SU Group Holdings Limited Announces Pricing of Initial Public Offering

By PRNewswire • 01-23-2024