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Market Connections Asia PCL (BKK:MCA) Cash And Cash Equivalents : ฿70.6 Mil (As of Dec. 2024)


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What is Market Connections Asia PCL Cash And Cash Equivalents?

Market Connections Asia PCL's quarterly cash and cash equivalents declined from Jun. 2024 (฿113.11 Mil) to Sep. 2024 (฿106.97 Mil) but then stayed the same from Sep. 2024 (฿106.97 Mil) to Dec. 2024 (฿70.57 Mil).

Market Connections Asia PCL's annual cash and cash equivalents increased from Dec. 2022 (฿3.91 Mil) to Dec. 2023 (฿142.71 Mil) but then declined from Dec. 2023 (฿142.71 Mil) to Dec. 2024 (฿70.57 Mil).

Market Connections Asia PCL Cash And Cash Equivalents Historical Data

The historical data trend for Market Connections Asia PCL'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.

Market Connections Asia PCL Cash And Cash Equivalents Chart

Market Connections Asia PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Cash And Cash Equivalents
4.22 3.91 142.71 70.57

Market Connections Asia PCL Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 142.71 129.41 113.11 106.97 70.57

Market Connections Asia PCL 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.

Market Connections Asia PCL  (BKK:MCA) 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.

Market Connections Asia PCL Cash And Cash Equivalents Related Terms

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Market Connections Asia PCL Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Market Connections Asia PCL (BKK:MCA) » Definitions » Cash And Cash Equivalents
Comparable Companies
BKK:CMO BKK:LTMH BKK:MVP BKK:ADD BKK:PRAKIT BKK:PICO BKK:GPI BKK:AQUA XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 TSE:4751 XPAR:DEC XTER:SAX SZSE:002131 SZSE:300058 TSE:2433
Traded in Other Exchanges
N/A
Address
51/859 Soi Nuanchan 34, Nuanchan Subdistrict, Buengkum District, Bangkok, THA, 10230
Website
https://www.marketconnectionsasia.com
Market Connections Asia PCL is a marketing company providing integrated marketing services, predominantly delivered through field marketing activities. These activities include setting up product booths, organizing product roadshows, and hosting marketing events like product launches at various locations. In addition, it also offers product consultancy, digital marketing, product merchandising, product distribution, and packing and logistics services. The company operates in the following business segments: Marketing and digital activities, Packing and logistics, Product consultants, Merchandising, and Distributor. Maximum revenue is generated from its Merchandising segment. Geographically, it operates in a single segment principally in Thailand.