Ho Wah Genting Bhd (XKLS:9601) Cash And Cash Equivalents : RM14.0 Mil (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Ho Wah Genting Bhd Cash And Cash Equivalents?

Ho Wah Genting Bhd's quarterly cash and cash equivalents declined from Sep. 2023 (RM13.02 Mil) to Dec. 2023 (RM11.67 Mil) but then increased from Dec. 2023 (RM11.67 Mil) to Mar. 2024 (RM13.97 Mil).

Ho Wah Genting Bhd's annual cash and cash equivalents increased from Dec. 2019 (RM8.56 Mil) to Apr. 2022 (RM13.46 Mil) but then declined from Apr. 2022 (RM13.46 Mil) to Dec. 2023 (RM11.67 Mil).

Ho Wah Genting Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Ho Wah Genting 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.

Ho Wah Genting Bhd Cash And Cash Equivalents Chart

Ho Wah Genting Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Apr22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

3.84

5.00

8.56

13.46

11.67

Ho Wah Genting Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															12.59	8.83	13.02	11.67	13.97

Ho Wah Genting 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.

Ho Wah Genting Bhd (XKLS:9601) 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.

Ho Wah Genting Bhd Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Ho Wah Genting Bhd's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Ho Wah Genting Bhd (XKLS:9601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ho Wah Genting Bhd (XKLS:9601) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 35, Jalan Maharajalela, 1st Floor, Wisma Ho Wah Genting, Kuala Lumpur, SGR, MYS, 50150

Website

https://www.hwgenting.com

Ho Wah Genting Bhd is engaged in investment holdings and the provision of management services to its subsidiaries. The group has four operating segments, namely, Investment, Moulded power supply cord sets, Healthcare and Travelling Services. Moulded power supply cord sets is engaged in manufacturing and trading of wires and cables, moulded power supply cord sets and cable assemblies for electrical and electronic devices and equipment. The group earns a majority of the revenue from Moulded power supply cord sets. Geographically, the group has a presence in North America, Malaysia and the Rest of Asia; with a majority of the revenue being generated from North America.

Ho Wah Genting Bhd (XKLS:9601) Headlines

No Headlines