Marble Design Co (SAU:9575) Cash And Cash Equivalents : ﷼12.34 Mil (As of Jun. 2024)

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What is Marble Design Co Cash And Cash Equivalents?

Marble Design Co's quarterly cash and cash equivalents increased from Jun. 2023 (﷼0.00 Mil) to Dec. 2023 (﷼15.41 Mil) but then stayed the same from Dec. 2023 (﷼15.41 Mil) to Jun. 2024 (﷼12.34 Mil).

Marble Design Co's annual cash and cash equivalents increased from . 20 (﷼0.00 Mil) to Dec. 2022 (﷼4.90 Mil) and increased from Dec. 2022 (﷼4.90 Mil) to Dec. 2023 (﷼15.41 Mil).

Marble Design Co Cash And Cash Equivalents Historical Data

The historical data trend for Marble Design Co'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.

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Marble Design Co Cash And Cash Equivalents Chart

Marble Design Co Annual Data

Trend

Dec22

Dec23

Cash And Cash Equivalents

4.90

15.41

Marble Design Co Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
Cash And Cash Equivalents	4.90	-	15.41	12.34

Marble Design Co 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.

Marble Design Co (SAU:9575) 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.

Marble Design Co Cash And Cash Equivalents Related Terms

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Marble Design Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Marble Design Co (SAU:9575) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

8416 Sadus Industrial Area, Riyadh, SAU, 13968

Website

https://www.marbledesign.sa.com

Marble Design Co is a Saudi based company engaged in executing natural marble projects. The company's principal activities are cutting and sawing marble and installing marble. It owns one of the factories in the region in terms of production capacity and modern technologies.

Marble Design Co Headlines

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