Hamid Fabrics (DHA:HFL) Cash And Cash Equivalents : BDT14 Mil (As of Sep. 2024)

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What is Hamid Fabrics Cash And Cash Equivalents?

Hamid Fabrics's quarterly cash and cash equivalents declined from Dec. 2023 (BDT9.07 Mil) to Mar. 2024 (BDT8.18 Mil) but then increased from Mar. 2024 (BDT8.18 Mil) to Sep. 2024 (BDT13.82 Mil).

Hamid Fabrics's annual cash and cash equivalents increased from Jun. 2021 (BDT16.77 Mil) to Jun. 2022 (BDT28.47 Mil) but then declined from Jun. 2022 (BDT28.47 Mil) to Jun. 2023 (BDT23.68 Mil).

Hamid Fabrics Cash And Cash Equivalents Historical Data

The historical data trend for Hamid Fabrics'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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Hamid Fabrics Cash And Cash Equivalents Chart

Hamid Fabrics Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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11.61

9.72

16.77

28.47

23.68

Hamid Fabrics Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															23.68	7.69	9.07	8.18	13.82

Hamid Fabrics 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.

Hamid Fabrics (DHA:HFL) 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.

Hamid Fabrics Cash And Cash Equivalents Related Terms

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Hamid Fabrics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hamid Fabrics PLC (DHA:HFL) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

24, Gulshan C/A, Circle-2, Hamid Tower (7th Floor), Dhaka, BGD, 1212

Website

https://www.hfl.com.bd

Hamid Fabrics PLC is a manufacturer of solid-dye fabric for the readymade garment industry. The company's product range includes cotton fabrics as well as blended fabrics such as cotton/polyester, cotton/viscose, nylon/cotton and cotton/lycra. The weaving unit produces grey fabrics in various designs and constructions such as Twill, Canvas, Oxford, Rib stop, Rib cord, Ottoman, Herringbone, and various dobby designs of different weight ranges. The finishing mix of Hamid Fabrics Limited comprises water repellent, fireproof, wrinkle-free, Teflon coating, aero finish and chintz finish. The company caters to the markets in the United States of American and the European Union.

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