QTCG PCL (BKK:QTCG) Cash, Cash Equivalents, Marketable Securities : ฿35.1 Mil (As of Dec. 2022)

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What is QTCG PCL Cash, Cash Equivalents, Marketable Securities?

QTCG PCL's quarterly cash, cash equivalents, marketable securities stayed the same from . 20 (฿0.00 Mil) to . 20 (฿0.00 Mil) but then increased from . 20 (฿0.00 Mil) to Dec. 2022 (฿35.13 Mil).

QTCG PCL's annual cash, cash equivalents, marketable securities increased from . 20 (฿0.00 Mil) to Dec. 2022 (฿35.13 Mil) but then declined from Dec. 2022 (฿35.13 Mil) to Dec. 2023 (฿6.49 Mil).

QTCG PCL Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for QTCG PCL's Cash, Cash Equivalents, Marketable Securities 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.

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QTCG PCL Cash, Cash Equivalents, Marketable Securities Chart

QTCG PCL Annual Data

Trend

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

35.13

6.49

QTCG PCL Quarterly Data
	Dec22	Dec23
Cash, Cash Equivalents, Marketable Securities	35.13	6.49

QTCG PCL Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

QTCG PCL (BKK:QTCG) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

QTCG PCL Cash, Cash Equivalents, Marketable Securities Related Terms

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QTCG PCL (BKK:QTCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » QTCG PCL (BKK:QTCG) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 42 Soi Ramkhamhaeng 187, Intersection 2, Minburi Subdistrict, Minburi District, Bangkok, THA, 10510

Website

https://www.qtcg.co.th

QTCG PCL is engaged in contracting and installation services for systems engineering. Its services consists of electrical communication systems, air conditioning and ventilation systems. Sanitary system and conducts business related to asset management from purchasing or receiving transfer of debtors from financial institutions, including primary insurance of debtors. The company as two segments Construction segment and asset management segment. Key revenue is generated from Construction segment.

QTCG PCL (BKK:QTCG) Headlines

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