STC Concrete Product (BKK:STC) Cash And Cash Equivalents : ฿3.7 Mil (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is STC Concrete Product Cash And Cash Equivalents?

STC Concrete Product's quarterly cash and cash equivalents declined from Sep. 2023 (฿1.60 Mil) to Dec. 2023 (฿1.10 Mil) but then increased from Dec. 2023 (฿1.10 Mil) to Mar. 2024 (฿3.69 Mil).

STC Concrete Product's annual cash and cash equivalents declined from Dec. 2021 (฿1.67 Mil) to Dec. 2022 (฿0.45 Mil) but then increased from Dec. 2022 (฿0.45 Mil) to Dec. 2023 (฿1.10 Mil).

STC Concrete Product Cash And Cash Equivalents Historical Data

The historical data trend for STC Concrete Product'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.

STC Concrete Product Cash And Cash Equivalents Chart

STC Concrete Product Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

17.64

1.54

1.67

0.45

1.10

STC Concrete Product Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.98	1.67	1.60	1.10	3.69

STC Concrete Product 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.

STC Concrete Product (BKK:STC) 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.

STC Concrete Product Cash And Cash Equivalents Related Terms

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

STC Concrete Product (BKK:STC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » STC Concrete Product PLC (BKK:STC) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

220/26 Moo 6, Sukhumvit Road, Nakluea Subdistrict, Banglamung District, Chonburi Province, Pattaya, THA, 20150

Website

https://www.stc.co.th

STC Concrete Product PLC is engaged in the production and distribution of precast concrete products under the trademark STC CONCRETE. Its products portfolio includes ready mixed concrete, concrete drainage pipes, precast concrete slabs, prestressed concrete pile, lightweight gray brick block, and prefabricated fence panels. The company operates in only one reportable segment that is manufacture and sales of ready-mixed concrete and aggregate and the single geographical area of its operations in Thailand.