KAMCO Investment Company K.S.C.P (KUW:KAMCO) Cash And Cash Equivalents : KWD26.48 Mil (As of Dec. 2023)

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What is KAMCO Investment Company K.S.C.P Cash And Cash Equivalents?

KAMCO Investment Company K.S.C.P's quarterly cash and cash equivalents increased from Jun. 2023 (KWD25.76 Mil) to Sep. 2023 (KWD26.95 Mil) but then stayed the same from Sep. 2023 (KWD26.95 Mil) to Dec. 2023 (KWD26.48 Mil).

KAMCO Investment Company K.S.C.P's annual cash and cash equivalents increased from Dec. 2021 (KWD35.16 Mil) to Dec. 2022 (KWD37.30 Mil) but then declined from Dec. 2022 (KWD37.30 Mil) to Dec. 2023 (KWD26.48 Mil).

KAMCO Investment Company K.S.C.P Cash And Cash Equivalents Historical Data

The historical data trend for KAMCO Investment Company K.S.C.P'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.

KAMCO Investment Company K.S.C.P Cash And Cash Equivalents Chart

KAMCO Investment Company K.S.C.P Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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29.27

31.97

35.16

37.30

26.48

KAMCO Investment Company K.S.C.P 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															37.30	33.37	25.76	26.95	26.48

KAMCO Investment Company K.S.C.P 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.

KAMCO Investment Company K.S.C.P (KUW:KAMCO) 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.

KAMCO Investment Company K.S.C.P Cash And Cash Equivalents Related Terms

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KAMCO Investment Company K.S.C.P (KUW:KAMCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » KAMCO Investment Company K.S.C.P (KUW:KAMCO) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Khalid Bin Waleed Street, Al-Shaheed Tower, P.O.Box 28873, Sharq, Safat, Kuwait City, KWT, 13149

Website

https://www.kamcoinvest.com

KAMCO Investment Company K.S.C.P is an investment banking company. Its activities include purchasing and investing in shares or bonds of the companies in real estate, industrial and agricultural sector, managing the funds of public and private institutions, a brokerage in lending and borrowing operations, provision of loans, dealing and trading in the foreign currency market, and undertaking operations related to securities trading such as purchase and sale of shares and bonds of companies. The company's segments include Investment banking and advisory, Asset management, Brokerage, and Strategic investments & corporate overheads. The company makes majority of its revenue from Asset management segment.

KAMCO Investment Company K.S.C.P (KUW:KAMCO) Headlines

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