Malayan Flour Mills Bhd (XKLS:3662) Cash And Cash Equivalents : RM111 Mil (As of Mar. 2024)

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What is Malayan Flour Mills Bhd Cash And Cash Equivalents?

Malayan Flour Mills Bhd's quarterly cash and cash equivalents declined from Sep. 2023 (RM112.40 Mil) to Dec. 2023 (RM87.35 Mil) but then increased from Dec. 2023 (RM87.35 Mil) to Mar. 2024 (RM111.07 Mil).

Malayan Flour Mills Bhd's annual cash and cash equivalents declined from Dec. 2021 (RM214.08 Mil) to Dec. 2022 (RM86.71 Mil) but then increased from Dec. 2022 (RM86.71 Mil) to Dec. 2023 (RM87.35 Mil).

Malayan Flour Mills Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Malayan Flour Mills 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.

Malayan Flour Mills Bhd Cash And Cash Equivalents Chart

Malayan Flour Mills Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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330.75

404.63

214.08

86.71

87.35

Malayan Flour Mills Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															72.23	62.23	112.40	87.35	111.07

Malayan Flour Mills 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.

Malayan Flour Mills Bhd (XKLS:3662) 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.

Malayan Flour Mills Bhd Cash And Cash Equivalents Related Terms

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Malayan Flour Mills Bhd (XKLS:3662) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Malayan Flour Mills Bhd (XKLS:3662) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 28, Menara Citibank, Suite 28.01, 165 Jalan Ampang, Kuala Lumpur, SGR, MYS, 50450

Website

https://www.mfm.com.my

Malayan Flour Mills Bhd is engaged in the flour milling industry in Malaysia. It has three operating segments; Flour and grain trading segment includes Milling and selling wheat flour and trading in grain and other allied products, Poultry integration segment includes Manufacture and sale of animal feeds, processing and sale of poultry products, poultry grow-out farm, breeding and sale of day-old-chicks and contract farming activities, and Other segment include Manufacture and sale of aqua feeds, re-measurement of contingent consideration receivable and provision for profit guarantee payment. Maximum revenue is generated by the Flour and grains trading segment. Geographically, Malaysia generates a majority of the revenue for the company.

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