Grown Up Group Investment Holdings (HKSE:01842) Cash, Cash Equivalents, Marketable Securities : HK$71.8 Mil (As of Dec. 2023)

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What is Grown Up Group Investment Holdings Cash, Cash Equivalents, Marketable Securities?

Grown Up Group Investment Holdings's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (HK$52.80 Mil) to Jun. 2023 (HK$60.14 Mil) and increased from Jun. 2023 (HK$60.14 Mil) to Dec. 2023 (HK$71.80 Mil).

Grown Up Group Investment Holdings's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (HK$9.42 Mil) to Dec. 2022 (HK$52.80 Mil) and increased from Dec. 2022 (HK$52.80 Mil) to Dec. 2023 (HK$71.80 Mil).

Grown Up Group Investment Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Grown Up Group Investment Holdings's Cash, Cash Equivalents, Marketable Securities 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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Grown Up Group Investment Holdings Cash, Cash Equivalents, Marketable Securities Chart

Grown Up Group Investment Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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56.48

28.44

9.42

52.80

71.80

Grown Up Group Investment Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial									9.42	20.21	52.80	60.14	71.80

Grown Up Group Investment Holdings Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Grown Up Group Investment Holdings (HKSE:01842) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Grown Up Group Investment Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Grown Up Group Investment Holdings (HKSE:01842) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Grown Up Group Investment Holdings Ltd (HKSE:01842) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Ting Kok Road, Tai Po, Flat D, 7th Floor, Block 2, Tai Ping Industrial Centre, New Territories, Hong Kong, HKG

Website

https://www.grown-up-europe.com

Grown Up Group Investment Holdings Ltd is engaged in the manufacturing and sale of backpack and luggage. The backpack and luggage products are categorized into private label products and branded products covering licensed brand products. These products catered to kid, teen, sports, leisure, business, travel, and technical segments. It operates in The private label products segment products are produced and sold under both Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) businesses to the brand owners or their licensees. The branded label products segment products branded under the Group's proprietary Ellehammer brand as well as the licensed brands, distributed through the Group's sales network.

Executives

Berg Group Holding Limited
Gp Group Investment Holding Limited
Grimshaw Stuart Ian	2101 Beneficial owner
Berg Thomas	2201 Interest of corporation controlled by you

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