PT Soechi Lines Tbk (ISX:SOCI) Cash And Cash Equivalents : Rp222,268 Mil (As of Mar. 2024)

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What is PT Soechi Lines Tbk Cash And Cash Equivalents?

PT Soechi Lines Tbk's quarterly cash and cash equivalents declined from Sep. 2023 (Rp416,422.78 Mil) to Dec. 2023 (Rp367,363.11 Mil) but then stayed the same from Dec. 2023 (Rp367,363.11 Mil) to Mar. 2024 (Rp222,267.79 Mil).

PT Soechi Lines Tbk's annual cash and cash equivalents declined from Dec. 2021 (Rp597,699.84 Mil) to Dec. 2022 (Rp501,457.48 Mil) and declined from Dec. 2022 (Rp501,457.48 Mil) to Dec. 2023 (Rp367,363.11 Mil).

PT Soechi Lines Tbk Cash And Cash Equivalents Historical Data

The historical data trend for PT Soechi Lines 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.

* Premium members only.

PT Soechi Lines Tbk Cash And Cash Equivalents Chart

PT Soechi Lines Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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446,125.23

619,209.89

597,699.84

501,457.48

367,363.11

PT Soechi Lines Tbk 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															372,106.96	493,123.35	416,422.78	367,363.11	222,267.79

PT Soechi Lines 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 Soechi Lines Tbk (ISX:SOCI) 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 Soechi Lines Tbk Cash And Cash Equivalents Related Terms

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PT Soechi Lines Tbk (ISX:SOCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Soechi Lines Tbk (ISX:SOCI) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Jend Sudirman Kav. 86, Sahid Sudirman Center 51st Floor, Jakarta Pusat, Jakarta, IDN, 10220

Website

https://www.soechi.com

PT Soechi Lines Tbk is an Indonesian shipping services provider. The company, through its subsidiaries, provides marine transportation services to supply chain lines of oil and gas companies. Its services flow through two segments, the Shipping business segment in which the Company charters out its various types of tanker vessels of various sizes to oil and gas companies and chemical companies operating in Indonesia, and the Shipyard business segment in which the Company provides ship building services as well as ship dry docking and repair and maintenance services to various ship owners mainly in Indonesia.

PT Soechi Lines Tbk (ISX:SOCI) Headlines

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