Key Asic Bhd (XKLS:0143) Cash And Cash Equivalents : RM19.37 Mil (As of Feb. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Key Asic Bhd Cash And Cash Equivalents?

Key Asic Bhd's quarterly cash and cash equivalents increased from Aug. 2023 (RM23.24 Mil) to Nov. 2023 (RM25.97 Mil) but then stayed the same from Nov. 2023 (RM25.97 Mil) to Feb. 2024 (RM19.37 Mil).

Key Asic Bhd's annual cash and cash equivalents increased from May. 2021 (RM22.06 Mil) to May. 2022 (RM24.08 Mil) but then declined from May. 2022 (RM24.08 Mil) to May. 2023 (RM23.59 Mil).

Key Asic Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Key Asic Bhd'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.

Key Asic Bhd Cash And Cash Equivalents Chart

Key Asic Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

May18

May19

May20

May21

May22

May23

Cash And Cash Equivalents

Get a 7-Day Free Trial

9.08

8.59

22.06

24.08

23.59

Key Asic Bhd Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash And Cash Equivalents	Get a 7-Day Free Trial															22.31	23.59	23.24	25.97	19.37

Key Asic Bhd 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.

Key Asic Bhd (XKLS:0143) 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.

Key Asic Bhd Cash And Cash Equivalents Related Terms

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

Key Asic Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Key Asic Bhd (XKLS:0143) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

8, First Avenue, 6th Floor, Unit 3, Bandar Utama, Petaling Jaya, SGR, MYS, 47800

Website

http://www.keyasic.com

Key Asic Bhd engages in turnkey application-specific integrated circuit design services for consumer, wireless, and personal electronics applications. It also provides data processing, data management, disk-based backup solutions, telecommunications, office automation, network infrastructure, and intelligent storage networking support. It operates through the Non-Recurring Engineering Services and Recurring Engineering Services business segments.

Key Asic Bhd Headlines

No Headlines