Ecoscience International Bhd (XKLS:0255) Cash And Cash Equivalents : RM0.6 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Ecoscience International Bhd Cash And Cash Equivalents?

Ecoscience International Bhd's quarterly cash and cash equivalents declined from Sep. 2023 (RM3.06 Mil) to Dec. 2023 (RM2.65 Mil) but then stayed the same from Dec. 2023 (RM2.65 Mil) to Mar. 2024 (RM0.57 Mil).

Ecoscience International Bhd's annual cash and cash equivalents declined from Dec. 2021 (RM6.51 Mil) to Dec. 2022 (RM6.42 Mil) and declined from Dec. 2022 (RM6.42 Mil) to Dec. 2023 (RM2.65 Mil).

Ecoscience International Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Ecoscience International 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.

Ecoscience International Bhd Cash And Cash Equivalents Chart

Ecoscience International Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

12.80

7.12

6.51

6.42

2.65

Ecoscience International Bhd Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial								1.13	1.55	3.06	2.65	0.57

Ecoscience International 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.

Ecoscience International Bhd (XKLS:0255) 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.

Ecoscience International Bhd Cash And Cash Equivalents Related Terms

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

Ecoscience International Bhd (XKLS:0255) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ecoscience International Bhd (XKLS:0255) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pasir Gudang Industrial Estate, PLO555, Jalan Keluli 8, Pasir Gudang, JHR, MYS, 81700

Website

https://www.ecosciencegroup.com

Ecoscience International Bhd is a one-stop solution provider for the construction of palm oil mills and supporting facilities, and fabrication of equipment. The core activities of the company is the construction of plants, which are mainly palm oil mills and facilities, supported by our in-house fabrication of equipment. Other complementary activities include supply of materials and equipment, spare parts and provision of maintenance services. The company's reportable segments are as follows which includes Construction of Plants and Facilities Segment, Fabrication of Equipment Segment, Supply of Material and Equipment, Others. The company generates majority of its revenue from Construction of Plants and Facilities Segment in Malaysia region itself.

Ecoscience International Bhd (XKLS:0255) Headlines

No Headlines