Vestland Bhd (XKLS:0273) Cash And Cash Equivalents : RM39.9 Mil (As of Dec. 2024)

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What is Vestland Bhd Cash And Cash Equivalents?

Vestland Bhd's quarterly cash and cash equivalents increased from Jun. 2024 (RM2.99 Mil) to Sep. 2024 (RM10.65 Mil) and increased from Sep. 2024 (RM10.65 Mil) to Dec. 2024 (RM39.88 Mil).

Vestland Bhd's annual cash and cash equivalents increased from Dec. 2022 (RM21.32 Mil) to Dec. 2023 (RM41.34 Mil) but then declined from Dec. 2023 (RM41.34 Mil) to Dec. 2024 (RM39.88 Mil).

Vestland Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Vestland 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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Vestland Bhd Cash And Cash Equivalents Chart

Vestland Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

Get a 7-Day Free Trial

14.05

3.89

21.32

41.34

39.88

Vestland 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									41.34	27.84	2.99	10.65	39.88

Vestland 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.

Vestland Bhd (XKLS:0273) 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.

Vestland Bhd Cash And Cash Equivalents Related Terms

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Vestland Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Vestland Bhd (XKLS:0273) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

No.6, Jalan Juruanalisis, Level 20, Subplace Boulevard, U1/35, Seksyen U1, Pusat Komersil Vestland, Shah Alam, SGR, MYS, 40150

Website

https://www.vestland.com.my

Vestland Bhd is involved in the provision of construction Services. The company's segments include the Build segment involved in the overall project, including project management and planning, the appointment of subcontractors, procurement of labor and materials, and monitoring the stages of construction work to ensure completion of works up to project handover to the customer and the Design and Build segment is engaged in the overall project management, as well as planning and coordinating the design aspects of the project covering the technical specifications to meet the building compliance requirements, as well as the coordination of the relevant submissions to the authorities.

Vestland Bhd Headlines

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