Wellspire Holdings Bhd (XKLS:0271) Cash And Cash Equivalents : RM41.3 Mil (As of Dec. 2024)

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What is Wellspire Holdings Bhd Cash And Cash Equivalents?

Wellspire Holdings Bhd's quarterly cash and cash equivalents declined from Jun. 2024 (RM43.77 Mil) to Sep. 2024 (RM33.12 Mil) but then increased from Sep. 2024 (RM33.12 Mil) to Dec. 2024 (RM41.29 Mil).

Wellspire Holdings Bhd's annual cash and cash equivalents increased from Dec. 2022 (RM10.47 Mil) to Dec. 2023 (RM41.81 Mil) but then declined from Dec. 2023 (RM41.81 Mil) to Dec. 2024 (RM41.29 Mil).

Wellspire Holdings Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Wellspire Holdings 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.

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Wellspire Holdings Bhd Cash And Cash Equivalents Chart

Wellspire Holdings Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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4.02

5.88

10.47

41.81

41.29

Wellspire Holdings Bhd Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial									41.81	44.21	43.77	33.12	41.29

Wellspire Holdings 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.

Wellspire Holdings Bhd (XKLS:0271) 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.

Wellspire Holdings Bhd Cash And Cash Equivalents Related Terms

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Wellspire Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Wellspire Holdings Bhd (XKLS:0271) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

11, Jalan Pinang, Lot D/E, Level 12, Tower 1, Etiqa Twins, Wilayah Persekutuan, Kuala Lumpur, MYS, 50450

Website

https://www.wellspireholdings.com

Wellspire Holdings Bhd is engaged in the distribution and online retailing of consumer packaged foods. The group's snack foods are sourced locally from Thailand and imported from China. The company's distributed product range includes Sunflower seeds, Other seeds and nuts, and Baked and confectionery products. It distributes two third-party brands and three own brands, with a total of 43 SKUs of snack foods.

Wellspire Holdings Bhd Headlines

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