Dubai Investments PJSC (DFM:DIC) Cash And Cash Equivalents : د.إ1,167 Mil (As of Dec. 2023)

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What is Dubai Investments PJSC Cash And Cash Equivalents?

Dubai Investments PJSC's quarterly cash and cash equivalents increased from Jun. 2023 (د.إ528.48 Mil) to Sep. 2023 (د.إ861.57 Mil) and increased from Sep. 2023 (د.إ861.57 Mil) to Dec. 2023 (د.إ1,166.70 Mil).

Dubai Investments PJSC's annual cash and cash equivalents increased from Dec. 2021 (د.إ713.33 Mil) to Dec. 2022 (د.إ853.08 Mil) and increased from Dec. 2022 (د.إ853.08 Mil) to Dec. 2023 (د.إ1,166.70 Mil).

Dubai Investments PJSC Cash And Cash Equivalents Historical Data

The historical data trend for Dubai Investments PJSC'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.

Dubai Investments PJSC Cash And Cash Equivalents Chart

Dubai Investments PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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758.31

886.87

713.33

853.08

1,166.70

Dubai Investments PJSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															853.08	803.79	528.48	861.57	1,166.70

Dubai Investments PJSC 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.

Dubai Investments PJSC (DFM:DIC) 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.

Dubai Investments PJSC Cash And Cash Equivalents Related Terms

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Dubai Investments PJSC (DFM:DIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Dubai Investments PJSC (DFM:DIC) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dubai Investments Park, P.O. Box 28171, Jebel Ali, Dubai, ARE

Website

http://www.dubaiinvestments.com

Dubai Investments PJSC is an investment company with a focus in real estate, manufacturing, industrial, and financial investments across the Middle East. The operations are divided into three segments: The property segment develops real estate for sale and leasing. The manufacturing, contracting, and Services segment manufactures and sells materials used in construction projects, executing construction contracts, production of raw and architectural glass, pharmaceutical products, cooling services, production, aluminium extruded products, laboratory furniture, healthcare, and education. The investments segment includes strategic minority investments in associates, investment banking, asset management and financial investments.

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