Microalliance Group (Microalliance Group) Cash, Cash Equivalents, Marketable Securities : $3.69 Mil (As of Sep. 2022)

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

Microalliance Group's quarterly cash, cash equivalents, marketable securities increased from Mar. 2022 ($0.06 Mil) to Jun. 2022 ($0.47 Mil) and increased from Jun. 2022 ($0.47 Mil) to Sep. 2022 ($3.69 Mil).

Microalliance Group's annual cash, cash equivalents, marketable securities increased from Dec. 2019 ($0.02 Mil) to Dec. 2020 ($0.06 Mil) and increased from Dec. 2020 ($0.06 Mil) to Dec. 2021 ($1.19 Mil).

Microalliance Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Microalliance 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.

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Microalliance Group Cash, Cash Equivalents, Marketable Securities Chart

Microalliance Group Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec19

Dec20

Dec21

Cash, Cash Equivalents, Marketable Securities

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0.01

0.02

0.06

1.19

Microalliance Group Quarterly Data
	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															1.22	1.19	0.06	0.47	3.69

Microalliance 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.

Microalliance Group (OTCPK:MALG) 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.

Microalliance Group Cash, Cash Equivalents, Marketable Securities Related Terms

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Microalliance Group (Microalliance Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Microalliance Group Inc (OTCPK:MALG) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

Industrial East Street, Shatoujiao Street, 4th Floor, Building 10, Yantian International Creative Port, Yantian District, Guangdong Province, Shenzhen, CHN, 518000

Website

https://www.fountainhealthyaging.com

Microalliance Group Inc is engaged in two types of products: coffee and liquor. The Company develops, produces, markets and sells under the brand name coffee tea products, which are specialty coffee products with Chinese black tea's taste, as well as black coffee products and other coffee products. The Company sells its coffee products wholesale to retail partners and corporate customers, as well as directly to consumers in the PRC via its e-commerce channels. Its licensed Nainiang Liquor retail stores have opened in cities in China, such as Beijing, Shanghai, Shenzhen, Xiamen, Chongqing, Chengdu, Kunming, Foshan, Zhaoqing, Huangshan, Jingzhou and Baoding. The Company generates more revenues than from the coffee business.

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