Independent Petroleum Group KSCP (KUW:IPG) Ending Cash Position : KWD103 Mil (As of Mar. 2024)

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What is Independent Petroleum Group KSCP Ending Cash Position?

Independent Petroleum Group KSCP's Ending Cash Position for the quarter that ended in Mar. 2024 was KWD103 Mil.

Independent Petroleum Group KSCP's quarterly Ending Cash Position declined from Sep. 2023 (KWD81 Mil) to Dec. 2023 (KWD79 Mil) but then increased from Dec. 2023 (KWD79 Mil) to Mar. 2024 (KWD103 Mil).

Independent Petroleum Group KSCP's annual Ending Cash Position increased from Dec. 2021 (KWD69 Mil) to Dec. 2022 (KWD109 Mil) but then declined from Dec. 2022 (KWD109 Mil) to Dec. 2023 (KWD79 Mil).

Independent Petroleum Group KSCP Ending Cash Position Historical Data

The historical data trend for Independent Petroleum Group KSCP's Ending Cash Position 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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Independent Petroleum Group KSCP Ending Cash Position Chart

Independent Petroleum Group KSCP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Ending Cash Position

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21.55

44.05

69.42

108.51

79.30

Independent Petroleum Group KSCP Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Ending Cash Position	Get a 7-Day Free Trial															78.11	80.41	81.17	79.30	102.87

Independent Petroleum Group KSCP Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Independent Petroleum Group KSCP's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	108.513	+	-29.215
	=	79

Independent Petroleum Group KSCP's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	79.298	+	23.57
	=	103

Independent Petroleum Group KSCP Ending Cash Position Related Terms

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Independent Petroleum Group KSCP (KUW:IPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Independent Petroleum Group KSCP (KUW:IPG) » Definitions » Ending Cash Position

Traded in Other Exchanges

N/A

Address

Block 1A, Street 7, 4th Ring Road, P.O. Box 24027, Building, No. 18, Jabriya, Safat, KWT, 13101

Website

https://ipg.com.kw

Independent Petroleum Group KSCP is engaged in the trading and marketing of crude oil, petroleum products. The trading of crude oil and petroleum products is also related to storage and distribution operations. LPG, petrochemicals, and fertilizers. In addition to this core activity, it has interests in terminalling, pipelines, and shipping. The company is involved in trading of the following petroleum products - Motor gasoline, Jet fuels, Crude oils, Gas, Asphalt, and Naphtha. The group operates in Africa, the Middle East, Europe, Asia and the Far East where Africa and the Middle East region generates maximum revenue.