MK Land Holdings Bhd (XKLS:8893) Cash And Cash Equivalents : RM72.5 Mil (As of Mar. 2024)

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What is MK Land Holdings Bhd Cash And Cash Equivalents?

MK Land Holdings Bhd's quarterly cash and cash equivalents declined from Sep. 2023 (RM65.36 Mil) to Dec. 2023 (RM63.20 Mil) but then increased from Dec. 2023 (RM63.20 Mil) to Mar. 2024 (RM72.55 Mil).

MK Land Holdings Bhd's annual cash and cash equivalents increased from Jun. 2021 (RM51.04 Mil) to Jun. 2022 (RM71.75 Mil) and increased from Jun. 2022 (RM71.75 Mil) to Jun. 2023 (RM72.33 Mil).

MK Land Holdings Bhd Cash And Cash Equivalents Historical Data

The historical data trend for MK Land Holdings 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.

MK Land Holdings Bhd Cash And Cash Equivalents Chart

MK Land Holdings Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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44.95

45.37

51.04

71.75

72.33

MK Land Holdings Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															70.18	72.33	65.36	63.20	72.55

MK Land Holdings 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.

MK Land Holdings Bhd (XKLS:8893) 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.

MK Land Holdings Bhd Cash And Cash Equivalents Related Terms

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MK Land Holdings Bhd (XKLS:8893) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » MK Land Holdings Bhd (XKLS:8893) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

Number 19, Jalan PJU 8/5H, Perdana Business Centre, Bandar Damansara Perdana, Petaling Jaya, SGR, MYS, 47820

Website

https://www.mkland.com.my

MK Land Holdings Bhd is an investment holding company. The company's operating segment includes Property development; Leisure; Investment holding; solar and Education. It generates maximum revenue from the Property development segment. The Property Development segment is engaged in the development of mixed properties and its related activities. Geographically, it operates only in Malaysia.

MK Land Holdings Bhd (XKLS:8893) Headlines

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