MMS Ventures Bhd (XKLS:0113) Cash And Cash Equivalents : RM11.90 Mil (As of Dec. 2023)

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What is MMS Ventures Bhd Cash And Cash Equivalents?

MMS Ventures Bhd's quarterly cash and cash equivalents declined from Jun. 2023 (RM16.02 Mil) to Sep. 2023 (RM14.32 Mil) but then stayed the same from Sep. 2023 (RM14.32 Mil) to Dec. 2023 (RM11.90 Mil).

MMS Ventures Bhd's annual cash and cash equivalents increased from Dec. 2021 (RM8.60 Mil) to Dec. 2022 (RM17.85 Mil) but then declined from Dec. 2022 (RM17.85 Mil) to Dec. 2023 (RM11.90 Mil).

MMS Ventures Bhd Cash And Cash Equivalents Historical Data

The historical data trend for MMS Ventures 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.

MMS Ventures Bhd Cash And Cash Equivalents Chart

MMS Ventures Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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30.81

9.51

8.60

17.85

11.90

MMS Ventures Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															17.85	19.03	16.02	14.32	11.90

MMS Ventures 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.

MMS Ventures Bhd (XKLS:0113) 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.

MMS Ventures Bhd Cash And Cash Equivalents Related Terms

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MMS Ventures Bhd (XKLS:0113) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » MMS Ventures Bhd (XKLS:0113) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Plot 84A, Lintang Bayan Lepas 9, Bayan Lepas Industrial Park, Phase 4, Bayan Lepas, PNG, MYS, 11900

Website

https://www.mmsv.com.my

MMS Ventures Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, the company is involved in the design and manufacture of LED and Semiconductor Industrial Automation Systems and Machinery. The business activity of the group functions through the Manufacture of automated systems and machinery; and the Development of software segments. Geographically, the business presence of the entity is seen across the regions of Asia, America, Europe, Malaysia, and Australia, of which prime revenue is derived from Malaysia and America.

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