Kuwait Resorts Co KSCC (Muntazahat) (KUW:MUNTAZAHAT) Cash And Cash Equivalents : KWD2.01 Mil (As of Mar. 2024)

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What is Kuwait Resorts Co KSCC (Muntazahat) Cash And Cash Equivalents?

Kuwait Resorts Co KSCC (Muntazahat)'s quarterly cash and cash equivalents increased from Sep. 2023 (KWD1.11 Mil) to Dec. 2023 (KWD1.12 Mil) and increased from Dec. 2023 (KWD1.12 Mil) to Mar. 2024 (KWD2.01 Mil).

Kuwait Resorts Co KSCC (Muntazahat)'s annual cash and cash equivalents increased from Dec. 2021 (KWD0.59 Mil) to Dec. 2022 (KWD1.68 Mil) but then declined from Dec. 2022 (KWD1.68 Mil) to Dec. 2023 (KWD1.12 Mil).

Kuwait Resorts Co KSCC (Muntazahat) Cash And Cash Equivalents Historical Data

The historical data trend for Kuwait Resorts Co KSCC (Muntazahat)'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.

Kuwait Resorts Co KSCC (Muntazahat) Cash And Cash Equivalents Chart

Kuwait Resorts Co KSCC (Muntazahat) Annual Data

Trend

Dec11

Dec12

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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2.30

1.50

0.59

1.68

1.12

Kuwait Resorts Co KSCC (Muntazahat) 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															1.13	1.26	1.11	1.12	2.01

Kuwait Resorts Co KSCC (Muntazahat) 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.

Kuwait Resorts Co KSCC (Muntazahat) (KUW:MUNTAZAHAT) 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.

Kuwait Resorts Co KSCC (Muntazahat) Cash And Cash Equivalents Related Terms

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Kuwait Resorts Co KSCC (Muntazahat) (KUW:MUNTAZAHAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kuwait Resorts Co KSCC (Muntazahat) (KUW:MUNTAZAHAT) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jaber Al-Mobarak Street, Sheroq Touwer, 5th Floor, P.O. Box 5601, Sharq, Kuwait City, KWT, 13057

Website

https://www.muntazahat.com.kw

Kuwait Resorts Co KSCC (Muntazahat) is engaged in managing, investing, owning selling, and acquiring real estate lands and developing them into hotels, motels, clubs, resorts, parks, exhibitions, restaurants, commercial complexes, and sports clubs. Its activities include the creation and management, operation, investment, and renting of hotels, health clubs, motels and guest houses, rest houses, parks, gardens, galleries, restaurants and cafeterias and residential complexes, resorts and tourist facilities, and health projects, recreational and sports shops at various grades and levels, including all services, assistance, and facilities thereto and other necessary services.

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