Marine & General Bhd (XKLS:5078) Cash And Cash Equivalents : RM39.3 Mil (As of Jan. 2024)

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What is Marine & General Bhd Cash And Cash Equivalents?

Marine & General Bhd's quarterly cash and cash equivalents increased from Jul. 2023 (RM17.89 Mil) to Oct. 2023 (RM28.18 Mil) and increased from Oct. 2023 (RM28.18 Mil) to Jan. 2024 (RM39.27 Mil).

Marine & General Bhd's annual cash and cash equivalents increased from Apr. 2021 (RM17.63 Mil) to Apr. 2022 (RM21.91 Mil) and increased from Apr. 2022 (RM21.91 Mil) to Apr. 2023 (RM22.75 Mil).

Marine & General Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Marine & General 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.

Marine & General Bhd Cash And Cash Equivalents Chart

Marine & General Bhd Annual Data

Trend

Jul11

Jul12

Jul13

Jul14

Dec16

Dec17

Apr20

Apr21

Apr22

Apr23

Cash And Cash Equivalents

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3.60

36.98

17.63

21.91

22.75

Marine & General Bhd Quarterly Data
	Mar19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash And Cash Equivalents	Get a 7-Day Free Trial															23.77	22.75	17.89	28.18	39.27

Marine & General 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.

Marine & General Bhd (XKLS:5078) 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.

Marine & General Bhd Cash And Cash Equivalents Related Terms

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Marine & General Bhd (XKLS:5078) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marine & General Bhd (XKLS:5078) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jalan Tun Mohd Fuad, Level 23, Plaza VADS, Taman Tun Dr Ismail, Kuala Lumpur, SGR, MYS, 60000

Website

https://www.marine-general.com.my

Marine & General Bhd is an investment holding company. Its operating segments include Marine Logistics - Upstream, which is the key revenue driver; and Marine Logistics - Downstream. Its business activities are the provision of vessel charter services serving the upstream oil and gas industry, the downstream oil and gas sector, and petroleum product tankers. The company generates the majority of its revenue from Malaysia.

Marine & General Bhd (XKLS:5078) Headlines

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