Thai Group Holdings PCL (BKK:TGH) Cash And Cash Equivalents : ฿1,968 Mil (As of Mar. 2024)

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What is Thai Group Holdings PCL Cash And Cash Equivalents?

Thai Group Holdings PCL's quarterly cash and cash equivalents increased from Sep. 2023 (฿2,615.97 Mil) to Dec. 2023 (฿2,951.93 Mil) but then stayed the same from Dec. 2023 (฿2,951.93 Mil) to Mar. 2024 (฿1,968.31 Mil).

Thai Group Holdings PCL's annual cash and cash equivalents increased from Dec. 2021 (฿2,657.49 Mil) to Dec. 2022 (฿3,328.63 Mil) but then declined from Dec. 2022 (฿3,328.63 Mil) to Dec. 2023 (฿2,951.93 Mil).

Thai Group Holdings PCL Cash And Cash Equivalents Historical Data

The historical data trend for Thai Group Holdings PCL'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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Thai Group Holdings PCL Cash And Cash Equivalents Chart

Thai Group Holdings PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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4,935.12

3,770.92

2,657.49

3,328.63

2,951.93

Thai Group Holdings PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															2,342.99	2,437.04	2,615.97	2,951.93	1,968.31

Thai Group Holdings PCL 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.

Thai Group Holdings PCL (BKK:TGH) 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.

Thai Group Holdings PCL Cash And Cash Equivalents Related Terms

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Thai Group Holdings PCL (BKK:TGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Thai Group Holdings PCL (BKK:TGH) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Silom Road, 315 Thai Group Building, 12th Floor, Silom, Bangrak, Bangkok, THA, 10500

Website

https://www.tgh.co.th

Thai Group Holdings PCL is a Thailand-based holding company. The principal activities of the group are underwriting life assurance, underwriting non-life insurance, leasing, hire purchase services, lending, and sales of second-hand cars. It operates in four segments: Life Insurance business, Non - Life insurance business, Financial service business, and Other businesses. The vast majority of the revenues are generated from the insurance business segment. The company is managed and operates principally in Thailand.