Golden Harvest Agro Industries (DHA:GHAIL) Cash And Cash Equivalents : BDT273 Mil (As of Dec. 2023)

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What is Golden Harvest Agro Industries Cash And Cash Equivalents?

Golden Harvest Agro Industries's quarterly cash and cash equivalents increased from Jun. 2023 (BDT275.94 Mil) to Sep. 2023 (BDT276.00 Mil) but then stayed the same from Sep. 2023 (BDT276.00 Mil) to Dec. 2023 (BDT272.86 Mil).

Golden Harvest Agro Industries's annual cash and cash equivalents declined from Jun. 2021 (BDT343.57 Mil) to Jun. 2022 (BDT335.56 Mil) and declined from Jun. 2022 (BDT335.56 Mil) to Jun. 2023 (BDT275.94 Mil).

Golden Harvest Agro Industries Cash And Cash Equivalents Historical Data

The historical data trend for Golden Harvest Agro Industries'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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Golden Harvest Agro Industries Cash And Cash Equivalents Chart

Golden Harvest Agro Industries Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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370.12

405.24

343.57

335.56

275.94

Golden Harvest Agro Industries 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															292.09	292.58	275.94	276.00	272.86

Golden Harvest Agro Industries 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.

Golden Harvest Agro Industries (DHA:GHAIL) 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.

Golden Harvest Agro Industries Cash And Cash Equivalents Related Terms

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Golden Harvest Agro Industries (DHA:GHAIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Golden Harvest Agro Industries Ltd (DHA:GHAIL) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

186, Gulshan -Tejgaon Link Road, S/501 & 502, Shanta Western Tower, Level-5, Tejgoan I/A, Dhaka, BGD, 1208

Website

http://www.goldenharvestbd.com

Golden Harvest Agro Industries Ltd engages in owning and controlling the frozen food processing plant. The company offers frozen food products of vegetables, ready to eat foods, finger foods, and other products, as well as ice cream and milk. It is also involved in vegetable processing activities. The company's business activities include growing, procuring, purchasing, processing, packaging, warehousing, transporting, exporting, importing, distributing and selling. The company has three segments frozen snacks and dairy, majority of its revenue is derived from frozen snacks segment.

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