PSP Specialties PCL (BKK:PSP) Cash And Cash Equivalents : ฿895 Mil (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is PSP Specialties PCL Cash And Cash Equivalents?

PSP Specialties PCL's quarterly cash and cash equivalents increased from Mar. 2023 (฿244.39 Mil) to Jun. 2023 (฿253.11 Mil) and increased from Jun. 2023 (฿253.11 Mil) to Sep. 2023 (฿895.45 Mil).

PSP Specialties PCL's annual cash and cash equivalents declined from Dec. 2020 (฿198.62 Mil) to Dec. 2021 (฿139.25 Mil) but then increased from Dec. 2021 (฿139.25 Mil) to Dec. 2022 (฿239.15 Mil).

PSP Specialties PCL Cash And Cash Equivalents Historical Data

The historical data trend for PSP Specialties 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.

PSP Specialties PCL Cash And Cash Equivalents Chart

PSP Specialties PCL Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

Get a 7-Day Free Trial

64.31

81.94

198.62

139.25

239.15

PSP Specialties PCL Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial									280.98	239.15	244.39	253.11	895.45

PSP Specialties 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.

PSP Specialties PCL (BKK:PSP) 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.

PSP Specialties PCL Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of PSP Specialties PCL's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

PSP Specialties PCL (BKK:PSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PSP Specialties PCL (BKK:PSP) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Boromrachachonanee Road, Arun-Amarin, Bangkoknoi, Bangkok, THA, 10700

Website

https://www.psp.co.th

PSP Specialties PCL is engaged in the manufacturing and sales of lubricants and greases, warehouse service, and hired transport. Its services start from raw material sourcing and product design to manufacturing, packaging, storage, and distribution. The company produces made-to-order products in a timely and efficient manner based on specific customer requirements. its main products include lubricant oil, grease, and specialty products such as rubber process oil and transformer oil. Additionally, the business operates in Myanmar through its subsidiary.