GPP Resources Bhd (XKLS:03029) Cash And Cash Equivalents : RM0.00 Mil (As of Dec. 2023)

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What is GPP Resources Bhd Cash And Cash Equivalents?

GPP Resources Bhd's quarterly cash and cash equivalents declined from Dec. 2021 (RM0.52 Mil) to Jun. 2022 (RM0.38 Mil) but then stayed the same from Jun. 2022 (RM0.38 Mil) to Dec. 2023 (RM0.00 Mil).

GPP Resources Bhd's annual cash and cash equivalents declined from Dec. 2018 (RM4.46 Mil) to Dec. 2019 (RM1.25 Mil) and declined from Dec. 2019 (RM1.25 Mil) to Dec. 2020 (RM0.75 Mil).

GPP Resources Bhd Cash And Cash Equivalents Historical Data

The historical data trend for GPP Resources 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.

GPP Resources Bhd Cash And Cash Equivalents Chart

GPP Resources Bhd Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Cash And Cash Equivalents

0.88

4.46

1.25

0.75

GPP Resources Bhd Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial						0.75	0.43	0.52	0.38	-

GPP Resources 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.

GPP Resources Bhd (XKLS:03029) 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.

GPP Resources Bhd Cash And Cash Equivalents Related Terms

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GPP Resources Bhd (XKLS:03029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GPP Resources Bhd (XKLS:03029) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.7, Jalan Sungai Tiram 1, Ulu Tira, JHR, MYS, 50480

Website

http://www.gppresources.com

GPP Resources Bhd is principally involved in businesses that are related to the use of biomass to produce renewable energy and OPT products. It derives maximum of the revenue from renewable energy. It has three operating segments; Palm oil; Renewable energy plants and energy related facilities; and Manufacturing and Trading. The company earns maximum revenue from Palm oil Segment.

GPP Resources Bhd (XKLS:03029) Headlines

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