Evergreen Max Cash Capital Bhd (XKLS:0286) Cash And Cash Equivalents : RM50.66 Mil (As of Mar. 2024)

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What is Evergreen Max Cash Capital Bhd Cash And Cash Equivalents?

Evergreen Max Cash Capital Bhd's quarterly cash and cash equivalents declined from Sep. 2023 (RM60.41 Mil) to Dec. 2023 (RM34.75 Mil) but then increased from Dec. 2023 (RM34.75 Mil) to Mar. 2024 (RM50.66 Mil).

Evergreen Max Cash Capital Bhd's annual cash and cash equivalents increased from Dec. 2021 (RM3.30 Mil) to Dec. 2022 (RM17.26 Mil) and increased from Dec. 2022 (RM17.26 Mil) to Dec. 2023 (RM34.75 Mil).

Evergreen Max Cash Capital Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Evergreen Max Cash Capital 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.

Evergreen Max Cash Capital Bhd Cash And Cash Equivalents Chart

Evergreen Max Cash Capital Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

1.17

2.37

3.30

17.26

34.75

Evergreen Max Cash Capital Bhd Quarterly Data
	Dec19	Dec20	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial				17.26	-	60.41	34.75	50.66

Evergreen Max Cash Capital 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.

Evergreen Max Cash Capital Bhd (XKLS:0286) 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.

Evergreen Max Cash Capital Bhd Cash And Cash Equivalents Related Terms

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Evergreen Max Cash Capital Bhd (XKLS:0286) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Evergreen Max Cash Capital Bhd (XKLS:0286) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jalan Lima Off, Jalan Chan Sow Lin, Lot 11-10, Level 11, Wisma Trax, Wilayah Persekutuan, Kuala Lumpur, MYS, 55200

Website

https://www.emc.capital

Evergreen Max Cash Capital Bhd is an investment holding company that operates through its subsidiaries. The Group is principally involved in the provision of pawnbroking services. It is also involved in the business of retail and trading of gold and other products as well as provision of pawnbroking consultancy services and IT solutions to third-party pawnbrokers.

Evergreen Max Cash Capital Bhd (XKLS:0286) Headlines

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