OCK Group Bhd (XKLS:0172) Cash And Cash Equivalents : RM221.3 Mil (As of Dec. 2023)

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What is OCK Group Bhd Cash And Cash Equivalents?

OCK Group Bhd's quarterly cash and cash equivalents declined from Jun. 2023 (RM99.93 Mil) to Sep. 2023 (RM77.86 Mil) but then increased from Sep. 2023 (RM77.86 Mil) to Dec. 2023 (RM221.30 Mil).

OCK Group Bhd's annual cash and cash equivalents increased from Dec. 2021 (RM53.16 Mil) to Dec. 2022 (RM59.62 Mil) and increased from Dec. 2022 (RM59.62 Mil) to Dec. 2023 (RM221.30 Mil).

OCK Group Bhd Cash And Cash Equivalents Historical Data

The historical data trend for OCK Group 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.

OCK Group Bhd Cash And Cash Equivalents Chart

OCK Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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90.00

73.81

53.16

59.62

221.30

OCK Group 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															59.62	58.80	99.93	77.86	221.30

OCK Group 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.

OCK Group Bhd (XKLS:0172) 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.

OCK Group Bhd Cash And Cash Equivalents Related Terms

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OCK Group Bhd (XKLS:0172) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » OCK Group Bhd (XKLS:0172) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, Jalan Jurunilai U1/20, Seksyen U1, Hicom Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150

Website

https://www.ock.com.my

OCK Group Bhd provides telecommunications network services. The company is engaged in the provision of telecommunication services equipped with the ability to provide full turnkey services. The company operates in segments namely Telecommunication Network Services, Green Energy & Power Solutions, Trading, Mechanical & Electrical Engineering Services, and Investment Holding. The majority of the revenue is generated from the Telecommunication Network Services. The company also trades in telecommunication hardware and installation of materials such as antennas, feeder cables, and connectors. The company operates in Malaysia, China, Myanmar, Indonesia, Singapore, and Vietnam, out of which Malaysia accounts for the majority revenue.

OCK Group Bhd (XKLS:0172) Headlines

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