RAPCO Investment PJSC (ADX:RAPCO) Cash And Cash Equivalents : د.إ3.71 Mil (As of Dec. 2023)

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What is RAPCO Investment PJSC Cash And Cash Equivalents?

RAPCO Investment PJSC's quarterly cash and cash equivalents declined from Dec. 2021 (د.إ7.33 Mil) to Dec. 2022 (د.إ4.77 Mil) but then stayed the same from Dec. 2022 (د.إ4.77 Mil) to Dec. 2023 (د.إ3.71 Mil).

RAPCO Investment PJSC's annual cash and cash equivalents declined from Dec. 2021 (د.إ7.33 Mil) to Dec. 2022 (د.إ4.77 Mil) and declined from Dec. 2022 (د.إ4.77 Mil) to Dec. 2023 (د.إ3.71 Mil).

RAPCO Investment PJSC Cash And Cash Equivalents Historical Data

The historical data trend for RAPCO Investment PJSC'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.

RAPCO Investment PJSC Cash And Cash Equivalents Chart

RAPCO Investment PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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15.32

10.26

7.33

4.77

3.71

RAPCO Investment PJSC Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial												15.32	10.26	7.33	4.77	3.71

RAPCO Investment PJSC 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.

RAPCO Investment PJSC (ADX:RAPCO) 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.

RAPCO Investment PJSC Cash And Cash Equivalents Related Terms

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RAPCO Investment PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RAPCO Investment PJSC (ADX:RAPCO) » Definitions » Cash And Cash Equivalents

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Address

Aljazirah Alhamra, P.O. Box 30019, Ras Al Khaimah, ARE

Website

https://rapcoinvestment.ae

RAPCO Investment PJSC is engaged in commercial, real estate, and agricultural enterprise investment, institution, and management. The company is an investment company with a portfolio spanning across real estate, equity, capital markets, and venture funding. The company focuses on investing in Agritech businesses.

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