Digistar Bhd (XKLS:0029) Cash And Cash Equivalents : RM30.05 Mil (As of Dec. 2023)

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What is Digistar Bhd Cash And Cash Equivalents?

Digistar Bhd's quarterly cash and cash equivalents increased from Jun. 2023 (RM14.46 Mil) to Sep. 2023 (RM35.05 Mil) but then stayed the same from Sep. 2023 (RM35.05 Mil) to Dec. 2023 (RM30.05 Mil).

Digistar Bhd's annual cash and cash equivalents increased from Sep. 2021 (RM37.05 Mil) to Sep. 2022 (RM42.77 Mil) but then declined from Sep. 2022 (RM42.77 Mil) to Sep. 2023 (RM35.05 Mil).

Digistar Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Digistar 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.

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Digistar Bhd Cash And Cash Equivalents Chart

Digistar Bhd Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash And Cash Equivalents

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61.57

28.75

37.05

42.77

35.05

Digistar Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															12.28	15.52	14.46	35.05	30.05

Digistar 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.

Digistar Bhd (XKLS:0029) 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.

Digistar Bhd Cash And Cash Equivalents Related Terms

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Digistar Bhd (XKLS:0029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Digistar Corp Bhd (XKLS:0029) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Ampang Utama 1/2, B6/4/4, 3rd Floor, One Ampang Business Avenue, Ampang, SGR, MYS, 68000

Website

https://www.digistar.com.my

Digistar Corp Bhd is an investment holding company. It operates through the following segments: System integration segment, Investment holding segment, Rental, and hotel segment, Concession segment, and Property development segment. The Systems Integration segment is involved in the design, supply, installation, and integration of information technology infrastructure, teleconferencing, local area networks, interactive media management systems, radio & television news automation, and other related electronic systems. The Concession segment includes concession arrangements between the Group and the Grantor for the privatization of the design, development, construction, and completion of the Facilities. It operates in a single geographical segment, which is Malaysia.

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