Golden Land Bhd (XKLS:7382) Cash And Cash Equivalents : RM41.68 Mil (As of Dec. 2023)

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What is Golden Land Bhd Cash And Cash Equivalents?

Golden Land Bhd's quarterly cash and cash equivalents increased from Jun. 2023 (RM13.79 Mil) to Sep. 2023 (RM38.99 Mil) and increased from Sep. 2023 (RM38.99 Mil) to Dec. 2023 (RM41.68 Mil).

Golden Land Bhd's annual cash and cash equivalents declined from Jun. 2021 (RM42.22 Mil) to Jun. 2022 (RM41.17 Mil) and declined from Jun. 2022 (RM41.17 Mil) to Jun. 2023 (RM13.79 Mil).

Golden Land Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Golden Land 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.

Golden Land Bhd Cash And Cash Equivalents Chart

Golden Land Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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59.08

56.94

42.22

41.17

13.79

Golden Land 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															38.54	43.78	13.79	38.99	41.68

Golden Land 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.

Golden Land Bhd (XKLS:7382) 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.

Golden Land Bhd Cash And Cash Equivalents Related Terms

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Golden Land Bhd (XKLS:7382) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Golden Land Bhd (XKLS:7382) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

Jalan SS16/1, Empire Tower, A-09-03, Empire Subang, Subang Jaya, SGR, MYS, 47500

Website

https://www.glbhd.com

Golden Land Bhd is an investment holding and provision of management services company. The company's operating segment includes Plantation; Property Development and Others. It generates maximum revenue from the Plantation segment. The Property Development segment is in the business of property developer. Its plantation segment is in the business of cultivation of oil palm. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in Indonesia.

Golden Land Bhd (XKLS:7382) Headlines

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