PT Gowa Makassar Tourism Development Tbk (ISX:GMTD) Cash And Cash Equivalents : Rp12,869 Mil (As of Dec. 2023)

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What is PT Gowa Makassar Tourism Development Tbk Cash And Cash Equivalents?

PT Gowa Makassar Tourism Development Tbk's quarterly cash and cash equivalents declined from Jun. 2023 (Rp19,865.41 Mil) to Sep. 2023 (Rp13,378.78 Mil) but then stayed the same from Sep. 2023 (Rp13,378.78 Mil) to Dec. 2023 (Rp12,869.45 Mil).

PT Gowa Makassar Tourism Development Tbk's annual cash and cash equivalents declined from Dec. 2021 (Rp30,785.53 Mil) to Dec. 2022 (Rp17,233.26 Mil) and declined from Dec. 2022 (Rp17,233.26 Mil) to Dec. 2023 (Rp12,869.45 Mil).

PT Gowa Makassar Tourism Development Tbk Cash And Cash Equivalents Historical Data

The historical data trend for PT Gowa Makassar Tourism Development Tbk'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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PT Gowa Makassar Tourism Development Tbk Cash And Cash Equivalents Chart

PT Gowa Makassar Tourism Development Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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17,458.49

18,531.86

30,785.53

17,233.26

12,869.45

PT Gowa Makassar Tourism Development Tbk 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															17,233.26	16,423.49	19,865.41	13,378.78	12,869.45

PT Gowa Makassar Tourism Development Tbk 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.

PT Gowa Makassar Tourism Development Tbk (ISX:GMTD) 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.

PT Gowa Makassar Tourism Development Tbk Cash And Cash Equivalents Related Terms

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PT Gowa Makassar Tourism Development Tbk (ISX:GMTD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Gowa Makassar Tourism Development Tbk (ISX:GMTD) » Definitions » Cash And Cash Equivalents

Comparable Companies

XTAE:YBOX BKK:CGD PHS:IRC HKSE:03366 BOM:514215 HKSE:00298 CAI:ZMID TSE:1814 XKLS:1503 SHSE:600890

Traded in Other Exchanges

N/A

Address

Jalan Metro Tanjung Bunga Mall GTC, GA-9 No. 1B, Tanjung Bunga, Sulawesi Selatan, Makassar, IDN, 90134

Website

https://www.tanjungbunga.com

PT Gowa Makassar Tourism Development Tbk engages in property development and investment business. It is involved in the development of residential estates, apartments, condominiums, hotels, recreational facilities, commercial complexes, real estate, and other supporting facilities. It classifies its business activities into two business segments, the Core segment which consists of sales of residential houses, shop houses, and ready-to-build land, and a supporting segment consisting of Akkarena tourism area management and urban management. Its projects include Residential and Commercial. Its organization is based in Indonesia and the majority of its revenues are derived from the real estate business.

PT Gowa Makassar Tourism Development Tbk (ISX:GMTD) Headlines

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