GDEX Bhd (XKLS:0078) Cash And Cash Equivalents : RM47.5 Mil (As of Mar. 2024)

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What is GDEX Bhd Cash And Cash Equivalents?

GDEX Bhd's quarterly cash and cash equivalents increased from Sep. 2023 (RM42.81 Mil) to Dec. 2023 (RM45.12 Mil) and increased from Dec. 2023 (RM45.12 Mil) to Mar. 2024 (RM47.47 Mil).

GDEX Bhd's annual cash and cash equivalents increased from Jun. 2020 (RM37.84 Mil) to Dec. 2022 (RM42.51 Mil) and increased from Dec. 2022 (RM42.51 Mil) to Dec. 2023 (RM45.12 Mil).

GDEX Bhd Cash And Cash Equivalents Historical Data

The historical data trend for GDEX Bhd'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.

GDEX Bhd Cash And Cash Equivalents Chart

GDEX Bhd Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec22

Dec23

Cash And Cash Equivalents

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32.64

30.06

37.84

42.51

45.12

GDEX Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															40.80	50.96	42.81	45.12	47.47

GDEX Bhd 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.

GDEX Bhd (XKLS:0078) 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.

GDEX Bhd Cash And Cash Equivalents Related Terms

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GDEX Bhd (XKLS:0078) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » GDEX Bhd (XKLS:0078) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19, Jalan Tandang, Petaling Jaya, SGR, MYS, 46050

Website

https://www.gdexpress.com

GDEX Bhd mainly engages in the provision of express delivery, logistics, information technology services, and property management. It provides a domestic express carrier, international express carrier, customized logistics solutions, logistics services, enhanced liability coverage, GDEX prepaid, and among others. The group has five business segments Express delivery, Logistics, Property management, Information technology, and Property investment. The majority of the revenue comes from the Express delivery segment. The company's geographical segments include Malaysia, which is the key revenue driver; Singapore; and Vietnam.

GDEX Bhd (XKLS:0078) Headlines

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