Polaris Capital PCL (BKK:POLAR-R) Cash And Cash Equivalents : ฿38.16 Mil (As of Jun. 2024)

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What is Polaris Capital PCL Cash And Cash Equivalents?

Polaris Capital PCL's quarterly cash and cash equivalents increased from Dec. 2023 (฿90.05 Mil) to Mar. 2024 (฿96.99 Mil) but then stayed the same from Mar. 2024 (฿96.99 Mil) to Jun. 2024 (฿38.16 Mil).

Polaris Capital PCL's annual cash and cash equivalents increased from Dec. 2021 (฿0.07 Mil) to Dec. 2022 (฿161.12 Mil) but then declined from Dec. 2022 (฿161.12 Mil) to Dec. 2023 (฿90.05 Mil).

Polaris Capital PCL Cash And Cash Equivalents Historical Data

The historical data trend for Polaris 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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Polaris Capital PCL Cash And Cash Equivalents Chart

Polaris Capital PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1.73

1.00

0.07

161.12

90.05

Polaris Capital PCL Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash And Cash Equivalents	Get a 7-Day Free Trial															119.84	99.14	90.05	96.99	38.16

Polaris 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.

Polaris Capital PCL (BKK:POLAR-R) 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.

Polaris Capital PCL Cash And Cash Equivalents Related Terms

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Polaris Capital PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Polaris Capital PCL (BKK:POLAR-R) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

503/34 KSL TOWER, Sriayudhya Road , 18th Floor, Rajathevi District, Bangkok, THA

Website

http://www.polariscap.co.th

Polaris Capital PCL is engaged in the development and sale of real estate properties. The company is engaged in property development for sales business and bitcoin mining machine rental business. The company holds an interest in projects such as The Clover Phuket, Clover Ladprao 83 and Living Nararungsit. Geographically, it operates through the region of Thailand.

Polaris Capital PCL Headlines

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