Intelligent Group (Intelligent Group) Cash, Cash Equivalents, Marketable Securities : $3.24 Mil (As of Nov. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Intelligent Group Cash, Cash Equivalents, Marketable Securities?

Intelligent Group's quarterly cash, cash equivalents, marketable securities increased from Nov. 2022 ($1.98 Mil) to May. 2023 ($2.22 Mil) and increased from May. 2023 ($2.22 Mil) to Nov. 2023 ($3.24 Mil).

Intelligent Group's annual cash, cash equivalents, marketable securities increased from Nov. 2021 ($1.67 Mil) to Nov. 2022 ($1.98 Mil) and increased from Nov. 2022 ($1.98 Mil) to Nov. 2023 ($3.24 Mil).

Intelligent Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Intelligent Group'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.

* Premium members only.

Intelligent Group Cash, Cash Equivalents, Marketable Securities Chart

Intelligent Group Annual Data

Trend

Nov20

Nov21

Nov22

Nov23

Cash, Cash Equivalents, Marketable Securities

0.57

1.67

1.98

3.24

Intelligent Group Semi-Annual Data
	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			1.67	1.70	1.98	2.22	3.24

Intelligent Group 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.

Intelligent Group (NAS:INTJ) 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.

Intelligent Group Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Intelligent Group's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Intelligent Group (Intelligent Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Intelligent Group Ltd (NAS:INTJ) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Harcourt Road, Unit 2803, Level 28, Tower 1, Admiralty Centre, Admiralty, Hong Kong, HKG

Website

http://www.intelligentjoy.com

Intelligent Group Ltd is a professional services provider in Hong Kong that principally engages in the provision of Financial PR services. The company provides a substantial number of holistic and comprehensive Financial PR services to its clients through IJL, its key operating entity in Hong Kong. It advises its clients on their communications and reputation management efforts. Its Financial PR services include creating multi-stakeholder communications programs, arranging press conferences and interviews, participating in the preparation of news releases and shareholders' meetings, monitoring news publications, identifying shareholders, targeting potential investors, organizing corporate events, and implementing crisis management policies and procedures.