AirAsia X Bhd (XKLS:5238) Cash And Cash Equivalents : RM59 Mil (As of Mar. 2024)

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What is AirAsia X Bhd Cash And Cash Equivalents?

AirAsia X Bhd's quarterly cash and cash equivalents declined from Sep. 2023 (RM119.63 Mil) to Dec. 2023 (RM57.69 Mil) but then increased from Dec. 2023 (RM57.69 Mil) to Mar. 2024 (RM58.96 Mil).

AirAsia X Bhd's annual cash and cash equivalents increased from Dec. 2018 (RM297.61 Mil) to Dec. 2019 (RM357.96 Mil) but then declined from Dec. 2019 (RM357.96 Mil) to Dec. 2023 (RM57.69 Mil).

AirAsia X Bhd Cash And Cash Equivalents Historical Data

The historical data trend for AirAsia X 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.

AirAsia X Bhd Cash And Cash Equivalents Chart

AirAsia X Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec23

Cash And Cash Equivalents

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422.02

432.68

297.61

357.96

57.69

AirAsia X Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															192.37	268.96	119.63	57.69	58.96

AirAsia X 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.

AirAsia X Bhd (XKLS:5238) 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.

AirAsia X Bhd Cash And Cash Equivalents Related Terms

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AirAsia X Bhd (XKLS:5238) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » AirAsia X Bhd (XKLS:5238) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

RedQ, Jalan Pekeliling 5, Lapangan Terbang Antarabangsa, KLIA, Kuala Lumpur, SGR, MYS, 64000

Website

http://www.airasiax.com

AirAsia X Bhd is a Malaysia-based long-haul airline company, engaged in providing long-haul air transportation services. It operates primarily in the Asia-Pacific region. The organization's reportable segments are classified as each company with an Air Operator Certificate held under the AirAsia brand, namely Malaysia, Thailand, and Indonesia. Thailand is the maximum revenue-generating segment for the company. It derives revenue through freight services, aircraft operating lease income, management fees, and through other ancillary activities. It also offers management logistical and marketing services and engine and aircraft leasing services.

AirAsia X Bhd (XKLS:5238) Headlines

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