Boursa Kuwait Securities Co KPSC (KUW:BOURSA) Cash And Cash Equivalents : KWD19.83 Mil (As of Mar. 2024)

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What is Boursa Kuwait Securities Co KPSC Cash And Cash Equivalents?

Boursa Kuwait Securities Co KPSC's quarterly cash and cash equivalents increased from Sep. 2023 (KWD3.08 Mil) to Dec. 2023 (KWD8.15 Mil) and increased from Dec. 2023 (KWD8.15 Mil) to Mar. 2024 (KWD19.83 Mil).

Boursa Kuwait Securities Co KPSC's annual cash and cash equivalents declined from Dec. 2021 (KWD9.71 Mil) to Dec. 2022 (KWD6.94 Mil) but then increased from Dec. 2022 (KWD6.94 Mil) to Dec. 2023 (KWD8.15 Mil).

Boursa Kuwait Securities Co KPSC Cash And Cash Equivalents Historical Data

The historical data trend for Boursa Kuwait Securities Co KPSC'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.

Boursa Kuwait Securities Co KPSC Cash And Cash Equivalents Chart

Boursa Kuwait Securities Co KPSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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15.89

17.01

9.71

6.94

8.15

Boursa Kuwait Securities Co KPSC 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															20.61	4.29	3.08	8.15	19.83

Boursa Kuwait Securities Co KPSC 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.

Boursa Kuwait Securities Co KPSC (KUW:BOURSA) 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.

Boursa Kuwait Securities Co KPSC Cash And Cash Equivalents Related Terms

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Boursa Kuwait Securities Co KPSC (KUW:BOURSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Boursa Kuwait Securities Co KPSC (KUW:BOURSA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

Dasman, P.O.Box 1027, Kuwait City, KWT, 15461

Website

https://www.boursakuwait.com.kw

Boursa Kuwait Securities Co KPSC operates as a financial exchange and clearing house in Kuwait. The company also provides securities-related services to participants in the financial sector. Its segment includes securities exchange and clearing, out of which the majority is from the securities exchange.

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