Muscat Thread MillsOG (MUS:MTMI) Cash And Cash Equivalents : ر.ع0.15 Mil (As of Dec. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Muscat Thread MillsOG Cash And Cash Equivalents?

Muscat Thread MillsOG's quarterly cash and cash equivalents increased from Dec. 2022 (ر.ع0.10 Mil) to Dec. 2023 (ر.ع0.21 Mil) but then stayed the same from Dec. 2023 (ر.ع0.21 Mil) to Dec. 2024 (ر.ع0.15 Mil).

Muscat Thread MillsOG's annual cash and cash equivalents increased from Dec. 2022 (ر.ع0.10 Mil) to Dec. 2023 (ر.ع0.21 Mil) but then declined from Dec. 2023 (ر.ع0.21 Mil) to Dec. 2024 (ر.ع0.15 Mil).

Muscat Thread MillsOG Cash And Cash Equivalents Historical Data

The historical data trend for Muscat Thread MillsOG'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.

Muscat Thread MillsOG Cash And Cash Equivalents Chart

Muscat Thread MillsOG Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

Get a 7-Day Free Trial

0.23

0.02

0.10

0.21

0.15

Muscat Thread MillsOG Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec21	Dec22	Dec23	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial											0.23	0.02	0.10	0.21	0.15

Muscat Thread MillsOG 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.

Muscat Thread MillsOG (MUS:MTMI) 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.

Muscat Thread MillsOG Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Muscat Thread MillsOG's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Muscat Thread MillsOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Muscat Thread Mills SAOG (MUS:MTMI) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

Road No. 18, Rusayl Industrial Estate, P.O.Box 122, Rusayl, OMN, 124

Website

https://www.muscatthreads.com

Muscat Thread Mills SAOG manufactures and markets sewing thread. It offers apparel sewing, non-apparel sewing, embroidery, zippers, and accessories, and various other types of threads. The firm generates a majority of its revenue from the export of its products to South Asia, the Middle East, and other regions.

Muscat Thread MillsOG Headlines

No Headlines