Edelteq Holdings Bhd (XKLS:0278) Cash And Cash Equivalents : RM5.64 Mil (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Edelteq Holdings Bhd Cash And Cash Equivalents?

Edelteq Holdings Bhd's quarterly cash and cash equivalents declined from Sep. 2023 (RM9.16 Mil) to Dec. 2023 (RM7.00 Mil) but then stayed the same from Dec. 2023 (RM7.00 Mil) to Mar. 2024 (RM5.64 Mil).

Edelteq Holdings Bhd's annual cash and cash equivalents declined from Dec. 2021 (RM5.60 Mil) to Dec. 2022 (RM5.24 Mil) but then increased from Dec. 2022 (RM5.24 Mil) to Dec. 2023 (RM7.00 Mil).

Edelteq Holdings Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Edelteq Holdings 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.

Edelteq Holdings Bhd Cash And Cash Equivalents Chart

Edelteq Holdings Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

3.12

5.45

5.60

5.24

7.00

Edelteq Holdings Bhd Quarterly Data
	Dec19	Dec20	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial				-	32.46	9.16	7.00	5.64

Edelteq Holdings 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.

Edelteq Holdings Bhd (XKLS:0278) 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.

Edelteq Holdings Bhd Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Edelteq Holdings Bhd's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Edelteq Holdings Bhd (XKLS:0278) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Edelteq Holdings Bhd (XKLS:0278) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lorong Impian Ria 4, No. 20, 1st Floor, Taman Impian Ria, Bukit Mertajam, PNG, MYS, 14000

Website

https://www.edelteq.com

Edelteq Holdings Bhd is an investment holding company and through our Subsidiaries, we are principally involved in the provision of engineering support for IC assembly and test processes in the semiconductor industry. The company is a leading semiconductor manufacturing solutions provider. It offers a wide range of products and services for semiconductor packaging, inspection, and testing processes. It operates in four reportable segments: design and assembly of IC burn-in boards and supply of PCBs; supply and refurbishment of IC assembly and test consumables; design, development, and assembly of ATE and factory automation; and trading of operating supplies, spare parts, and tools for IC assembly and testing.

Edelteq Holdings Bhd (XKLS:0278) Headlines

No Headlines