Next Capital PCL (BKK:NCAP) Cash And Cash Equivalents : ฿107 Mil (As of Mar. 2024)

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What is Next Capital PCL Cash And Cash Equivalents?

Next Capital PCL's quarterly cash and cash equivalents increased from Sep. 2023 (฿111.83 Mil) to Dec. 2023 (฿340.69 Mil) but then stayed the same from Dec. 2023 (฿340.69 Mil) to Mar. 2024 (฿107.08 Mil).

Next Capital PCL's annual cash and cash equivalents increased from Dec. 2021 (฿75.04 Mil) to Dec. 2022 (฿525.64 Mil) but then declined from Dec. 2022 (฿525.64 Mil) to Dec. 2023 (฿340.69 Mil).

Next Capital PCL Cash And Cash Equivalents Historical Data

The historical data trend for Next Capital 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.

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Next Capital PCL Cash And Cash Equivalents Chart

Next Capital PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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7.34

698.33

75.04

525.64

340.69

Next Capital PCL Quarterly Data
	Dec18	Jun19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial														94.43	74.32	111.83	340.69	107.08

Next Capital 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.

Next Capital PCL (BKK:NCAP) 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.

Next Capital PCL Cash And Cash Equivalents Related Terms

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Next Capital PCL (BKK:NCAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Next Capital PCL (BKK:NCAP) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Surawong Road, No. 163 Thai Samut Building, 15th Floor, Suriyawong, Bangrak, Bangkok, THA, 10500

Website

https://www.nextcapital.co.th

Next Capital PCL is a financial institution that lends credit to the public but does not receive deposits. The company operates a hire-purchase loan business which is not under the supervision of the Bank of Thailand with a focus on serving retail customers who mainly want to own motorcycles by offering new motorcycle hire-purchase loans. It is engaged in two segments which are motorcycle hire-purchase and used truck hire-purchase.