S P Setia Bhd (XKLS:8664PB.PFD) Cash And Cash Equivalents

: RM964.53 Mil (As of Dec. 2023)

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S P Setia Bhd's quarterly cash and cash equivalents declined from Jun. 2023 (RM2,249.66 Mil) to Sep. 2023 (RM2,016.96 Mil) but then stayed the same from Sep. 2023 (RM2,016.96 Mil) to Dec. 2023 (RM964.53 Mil).

S P Setia Bhd's annual cash and cash equivalents declined from Dec. 2021 (RM1,463.42 Mil) to Dec. 2022 (RM827.61 Mil) but then increased from Dec. 2022 (RM827.61 Mil) to Dec. 2023 (RM964.53 Mil).

S P Setia Bhd Cash And Cash Equivalents Historical Data

The historical data trend for S P Setia 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.

S P Setia Bhd Annual Data

Trend

Oct13

Oct14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

1,204.35

565.21

1,463.42

827.61

964.53

S P Setia 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																827.61	1,481.83	2,249.66	2,016.96	964.53

S P Setia 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.

S P Setia Bhd (XKLS:8664PB.PFD) 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.

S P Setia Bhd Cash And Cash Equivalents Related Terms

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S P Setia Bhd (XKLS:8664PB.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » S P Setia Bhd (XKLS:8664PB.PFD) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

8664PA.PFD:Malaysia 8664:Malaysia

Address

12, Persiaran Setia Dagang, Setia Alam, Seksyen U13, S P Setia Berhad Corporate HQ, Shah Alam, MYS, 40170

Website

https://www.spsetia.com

S P Setia Bhd is a general real estate company that reports in three segments: Property Development, Construction, and Other operations. The vast majority of Setia's revenue is generated by its property development business, which focuses on developing residential and commercial facilities, followed by its construction segment. Setia's construction segment focuses on building and highway construction. The company considers merger and acquisition investment as a component of its operational growth strategy.

S P Setia Bhd (XKLS:8664PB.PFD) Headlines

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