Frontken Bhd (XKLS:0128) Cash And Cash Equivalents : RM386.6 Mil (As of Mar. 2024)

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What is Frontken Bhd Cash And Cash Equivalents?

Frontken Bhd's quarterly cash and cash equivalents increased from Sep. 2023 (RM343.96 Mil) to Dec. 2023 (RM386.47 Mil) and increased from Dec. 2023 (RM386.47 Mil) to Mar. 2024 (RM386.60 Mil).

Frontken Bhd's annual cash and cash equivalents increased from Dec. 2021 (RM263.15 Mil) to Dec. 2022 (RM330.01 Mil) and increased from Dec. 2022 (RM330.01 Mil) to Dec. 2023 (RM386.47 Mil).

Frontken Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Frontken 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.

Frontken Bhd Cash And Cash Equivalents Chart

Frontken Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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212.67

303.39

263.15

330.01

386.47

Frontken 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															350.88	361.49	343.96	386.47	386.60

Frontken 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.

Frontken Bhd (XKLS:0128) 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.

Frontken Bhd Cash And Cash Equivalents Related Terms

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Frontken Bhd (XKLS:0128) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Frontken Corp Bhd (XKLS:0128) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

No. 9, Jalan 16/11, Off Jalan Damansara, Suite 301, Block F, Pusat Dagangan Phileo Damansara 1, Petaling Jaya, SGR, MYS, 46350

Website

https://www.frontken.com

Frontken Corp Bhd is a Malaysia-based investment holding firm. The company with its subsidiaries are engaged in providing surface and mechanical engineering solutions, serving a wide range of heavy industries such as Oil and Gas, Power Generation, Semiconductors, and the Marine industry. It also provides various specialized engineering services, such as thermal spray coating, cold build-up coating, plating and conversion coating, specialized welding, precision cleaning, abrasive blasting, machining and grinding. In addition, the company provides surface treatment and precision cleaning for the thin film transistor liquid crystal display and semiconductor industries. Its revenue comes from the Singapore market, while it also has a presence in Malaysia, Taiwan, and other countries.

Frontken Bhd (XKLS:0128) Headlines

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