Baba Eco Group Bhd (XKLS:03012) Cash And Cash Equivalents : RM12.02 Mil (As of Oct. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Baba Eco Group Bhd Cash And Cash Equivalents?

Baba Eco Group Bhd's quarterly cash and cash equivalents declined from Oct. 2022 (RM14.77 Mil) to Apr. 2023 (RM13.22 Mil) but then stayed the same from Apr. 2023 (RM13.22 Mil) to Oct. 2023 (RM12.02 Mil).

Baba Eco Group Bhd's annual cash and cash equivalents declined from Oct. 2021 (RM19.26 Mil) to Oct. 2022 (RM14.77 Mil) and declined from Oct. 2022 (RM14.77 Mil) to Oct. 2023 (RM12.02 Mil).

Baba Eco Group Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Baba Eco Group 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.

Baba Eco Group Bhd Cash And Cash Equivalents Chart

Baba Eco Group Bhd Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash And Cash Equivalents

Get a 7-Day Free Trial

9.32

13.11

19.26

14.77

12.02

Baba Eco Group Bhd Semi-Annual Data
	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash And Cash Equivalents	Get a 7-Day Free Trial										19.26	12.94	14.77	13.22	12.02

Baba Eco Group 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.

Baba Eco Group Bhd (XKLS:03012) 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.

Baba Eco Group Bhd Cash And Cash Equivalents Related Terms

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

Baba Eco Group Bhd (XKLS:03012) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Baba Eco Group Bhd (XKLS:03012) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1384, Atas Lot 841, MK-1, Jalan Tasek, Seberang Perai Selatan, Pulau Pinang, Simpang Ampat, MYS, 14120

Website

https://www.baba.com.my

Baba Eco Group Bhd is an integrated gardening supplies provider under brand name Baba. The business activities of the group include manufacturing and trading of a diversified range of eco-friendly biodegradable plastic flower pots and planting media; the processing and trading of organic fertilizers and natural pesticides; and the trading of a diversified range of gardening accessories, seeds and agricultural produce. Geographically it serves both Malaysian and other international market.

Baba Eco Group Bhd (XKLS:03012) Headlines

No Headlines