PT Cemindo Gemilang Tbk (ISX:CMNT) Cash And Cash Equivalents : Rp545,114 Mil (As of Dec. 2023)

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What is PT Cemindo Gemilang Tbk Cash And Cash Equivalents?

PT Cemindo Gemilang Tbk's quarterly cash and cash equivalents increased from Jun. 2023 (Rp353,651.00 Mil) to Sep. 2023 (Rp440,590.00 Mil) and increased from Sep. 2023 (Rp440,590.00 Mil) to Dec. 2023 (Rp545,114.00 Mil).

PT Cemindo Gemilang Tbk's annual cash and cash equivalents increased from Dec. 2021 (Rp449,569.00 Mil) to Dec. 2022 (Rp486,200.00 Mil) and increased from Dec. 2022 (Rp486,200.00 Mil) to Dec. 2023 (Rp545,114.00 Mil).

PT Cemindo Gemilang Tbk Cash And Cash Equivalents Historical Data

The historical data trend for PT Cemindo Gemilang Tbk'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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PT Cemindo Gemilang Tbk Cash And Cash Equivalents Chart

PT Cemindo Gemilang Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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451,517.00

399,867.00

449,569.00

486,200.00

545,114.00

PT Cemindo Gemilang Tbk Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial												486,200.00	409,894.00	353,651.00	440,590.00	545,114.00

PT Cemindo Gemilang Tbk 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.

PT Cemindo Gemilang Tbk (ISX:CMNT) 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.

PT Cemindo Gemilang Tbk Cash And Cash Equivalents Related Terms

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PT Cemindo Gemilang Tbk (ISX:CMNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » PT Cemindo Gemilang Tbk (ISX:CMNT) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Jalan Raya Pluit Selatan Blok S No. 8 I - J, Penjaringan, Jakarta Utara, Jakarta, IDN, 14440

Website

https://www.cemindo.com

PT Cemindo Gemilang Tbk is an integrated cement company primarily engaged in the manufacturing, marketing and distribution of cement and clinker products. The company conducts business activities in three operating segments, namely: Cement and clinker; Ready-mix concrete, and Others. Majority of the company's revenue comes from Cement and clinker segment.

PT Cemindo Gemilang Tbk (ISX:CMNT) Headlines

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