Ideal Capital Bhd (XKLS:9687) Cash And Cash Equivalents : RM49.0 Mil (As of Sep. 2023)

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What is Ideal Capital Bhd Cash And Cash Equivalents?

Ideal Capital Bhd's quarterly cash and cash equivalents increased from Mar. 2023 (RM29.45 Mil) to Jun. 2023 (RM41.35 Mil) and increased from Jun. 2023 (RM41.35 Mil) to Sep. 2023 (RM49.04 Mil).

Ideal Capital Bhd's annual cash and cash equivalents increased from Dec. 2020 (RM12.48 Mil) to Dec. 2021 (RM61.03 Mil) but then declined from Dec. 2021 (RM61.03 Mil) to Dec. 2022 (RM41.09 Mil).

Ideal Capital Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Ideal Capital 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.

Ideal Capital Bhd Cash And Cash Equivalents Chart

Ideal Capital Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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17.08

48.38

12.48

61.03

41.09

Ideal Capital Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															23.87	41.09	29.45	41.35	49.04

Ideal Capital 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.

Ideal Capital Bhd (XKLS:9687) 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.

Ideal Capital Bhd Cash And Cash Equivalents Related Terms

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Ideal Capital Bhd (XKLS:9687) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ideal Capital Bhd (XKLS:9687) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

Jalan Mahsuri, No. 71-5, Ideal @ The One, Bayan Lepas, PNG, MYS, 11950

Website

https://www.iubib.com.my

Ideal Capital Bhd is a Malaysia-based investment holding company engaged in the trading of heavy machinery and spare parts, and property development activities. The group has three reportable segments namely, the Trading segment which includes trading of heavy machinery and spare parts, the Property development segment which relates to property development activities, and Project investment and project management engaged in rental income and property management services. The company operates in Malaysia and generates the majority of its revenue from the Property development segment.

Ideal Capital Bhd (XKLS:9687) Headlines

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