Linkage Global (Linkage Global) Cash, Cash Equivalents, Marketable Securities : $1.11 Mil (As of Sep. 2023)

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What is Linkage Global Cash, Cash Equivalents, Marketable Securities?

Linkage Global's quarterly cash, cash equivalents, marketable securities declined from Sep. 2022 ($3.69 Mil) to Mar. 2023 ($3.50 Mil) but then stayed the same from Mar. 2023 ($3.50 Mil) to Sep. 2023 ($1.11 Mil).

Linkage Global's annual cash, cash equivalents, marketable securities increased from Sep. 2021 ($1.78 Mil) to Sep. 2022 ($3.69 Mil) but then declined from Sep. 2022 ($3.69 Mil) to Sep. 2023 ($1.11 Mil).

Linkage Global Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Linkage Global'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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Linkage Global Cash, Cash Equivalents, Marketable Securities Chart

Linkage Global Annual Data

Trend

Sep21

Sep22

Sep23

Cash, Cash Equivalents, Marketable Securities

1.78

3.69

1.11

Linkage Global Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23
Cash, Cash Equivalents, Marketable Securities	1.78	-	3.69	3.50	1.11

Linkage Global 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.

Linkage Global (NAS:LGCB) 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.

Linkage Global Cash, Cash Equivalents, Marketable Securities Related Terms

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Linkage Global (Linkage Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Linkage Global Inc (NAS:LGCB) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-23-3 Minami-Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0022

Website

https://www.linkagecc.com

Linkage Global Inc is a cross-border e-commerce integrated service provider. It provides global e-commerce merchants, overseas brands, import and export trading enterprises, etc. with a globally selected supply chain, digital marketing, e-commerce training, global store, ERP and e-commerce software, social e-commerce and other e-commerce integrated services. It is Committed to building a one-stop cross-border integrated service platform to make cross-border trade easier.

Linkage Global (Linkage Global) Headlines

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