Mulkia Investment Co (SAU:9585) Cash And Cash Equivalents : ﷼7.21 Mil (As of Jun. 2024)

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What is Mulkia Investment Co Cash And Cash Equivalents?

Mulkia Investment Co's quarterly cash and cash equivalents increased from Jun. 2023 (﷼0.00 Mil) to Dec. 2023 (﷼0.09 Mil) and increased from Dec. 2023 (﷼0.09 Mil) to Jun. 2024 (﷼7.21 Mil).

Mulkia Investment Co's annual cash and cash equivalents increased from . 20 (﷼0.00 Mil) to Dec. 2022 (﷼4.53 Mil) but then declined from Dec. 2022 (﷼4.53 Mil) to Dec. 2023 (﷼0.09 Mil).

Mulkia Investment Co Cash And Cash Equivalents Historical Data

The historical data trend for Mulkia Investment 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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Mulkia Investment Co Cash And Cash Equivalents Chart

Mulkia Investment Co Annual Data

Trend

Dec22

Dec23

Cash And Cash Equivalents

4.53

0.09

Mulkia Investment Co Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
Cash And Cash Equivalents	4.53	-	0.09	7.21

Mulkia Investment 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.

Mulkia Investment Co (SAU:9585) 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.

Mulkia Investment Co Cash And Cash Equivalents Related Terms

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Mulkia Investment Co Business Description

Industry

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Traded in Other Exchanges

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Address

8565 Prince Abdul Aziz Bin Musaid Bin Jalawi Street, 1st floor, The Elite Mall, Al Sulaimaniayah District, Riyadh, SAU, 12234

Website

https://www.mulkia.com.sa

Mulkia Investment Co is engaged in securities business including: Dealing, Custody Securities, Managing investments and operating funds Managing investments, Arranging Financial advisor or corporate finance advisor and Advising Investment Advisor. It provides diversified and integrated financial and investment services tailored to suit the goals of individuals and institutions of different types and sizes. It operates in the field of asset management, arranging corporate finance, financial advice and research.

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