Keck Seng (Malaysia) Bhd (XKLS:3476) Cash And Cash Equivalents : RM939 Mil (As of Dec. 2023)

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What is Keck Seng (Malaysia) Bhd Cash And Cash Equivalents?

Keck Seng (Malaysia) Bhd's quarterly cash and cash equivalents increased from Jun. 2023 (RM867.44 Mil) to Sep. 2023 (RM909.20 Mil) and increased from Sep. 2023 (RM909.20 Mil) to Dec. 2023 (RM938.94 Mil).

Keck Seng (Malaysia) Bhd's annual cash and cash equivalents increased from Dec. 2021 (RM855.04 Mil) to Dec. 2022 (RM962.26 Mil) but then declined from Dec. 2022 (RM962.26 Mil) to Dec. 2023 (RM938.94 Mil).

Keck Seng (Malaysia) Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Keck Seng (Malaysia) 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.

Keck Seng (Malaysia) Bhd Cash And Cash Equivalents Chart

Keck Seng (Malaysia) Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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788.72

736.44

855.04

962.26

938.94

Keck Seng (Malaysia) 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															962.26	924.97	867.44	909.20	938.94

Keck Seng (Malaysia) 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.

Keck Seng (Malaysia) Bhd (XKLS:3476) 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.

Keck Seng (Malaysia) Bhd Cash And Cash Equivalents Related Terms

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Keck Seng (Malaysia) Bhd (XKLS:3476) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Keck Seng (Malaysia) Bhd (XKLS:3476) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

13th Floor, City Plaza, Suite 1301, Johor Bahru, JHR, MYS, 80300

Website

https://www.my.keckseng.com

Keck Seng (Malaysia) Bhd is a Malaysia based company engaged in the business of palm oil cultivation and manufacturing. In addition, it is also involved in the business activities of property development and investment, and hotels and resorts ownership. The operating segments of the company are Manufacturing, Hotels and resort, Property, and Plantations. It generates the majority of the revenue from the Manufacturing segment which relates to the processing and marketing of refined palm oil products. The group's operations are carried out principally in Malaysia, Singapore, Hong Kong, Canada, and the United States of America of which key revenue is derived from Malaysia.

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