Thai Steel Cable PCL (BKK:TSC) Cash And Cash Equivalents : ฿256 Mil (As of Mar. 2024)

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What is Thai Steel Cable PCL Cash And Cash Equivalents?

Thai Steel Cable PCL's quarterly cash and cash equivalents declined from Sep. 2023 (฿234.17 Mil) to Dec. 2023 (฿212.70 Mil) but then increased from Dec. 2023 (฿212.70 Mil) to Mar. 2024 (฿255.59 Mil).

Thai Steel Cable PCL's annual cash and cash equivalents increased from Sep. 2021 (฿177.52 Mil) to Sep. 2022 (฿197.93 Mil) and increased from Sep. 2022 (฿197.93 Mil) to Sep. 2023 (฿234.17 Mil).

Thai Steel Cable PCL Cash And Cash Equivalents Historical Data

The historical data trend for Thai Steel Cable 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.

* Premium members only.

Thai Steel Cable PCL Cash And Cash Equivalents Chart

Thai Steel Cable PCL Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash And Cash Equivalents

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443.50

475.85

177.52

197.93

234.17

Thai Steel Cable 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															157.23	192.19	234.17	212.70	255.59

Thai Steel Cable 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 Steel Cable PCL (BKK:TSC) 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 Steel Cable PCL Cash And Cash Equivalents Related Terms

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Thai Steel Cable PCL (BKK:TSC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Thai Steel Cable PCL (BKK:TSC) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

700/737, Moo. 1, Tambol Panthong, Amphur Panthong, Chonburi, THA, 20160

Website

https://www.tscpcl.com

Thai Steel Cable PCL is a Thailand-based company engaged in the manufacture and sales of control cables, parts, and equipment for vehicles and motorcycles. Its products are divided into three categories: Automobile control cables which include products like accelerator cables, door lock cables, fuel lid opener cables, hood release cables, parking brake cables, seat belt cables, transmission cables, and trunk opener cables; Motorcycle control cables which include brake cables, clutch cables, seat lock cables, speedometer cables, tachometer cables, and throttle cables, and Automobile window regulators. The company operates only in Thailand.