Northeast Group Bhd (XKLS:0325) Cash And Cash Equivalents : RM81.91 Mil (As of Sep. 2023)

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What is Northeast Group Bhd Cash And Cash Equivalents?

Northeast Group Bhd's quarterly cash and cash equivalents increased from Sep. 2021 (RM52.85 Mil) to Sep. 2022 (RM71.05 Mil) and increased from Sep. 2022 (RM71.05 Mil) to Sep. 2023 (RM81.91 Mil).

Northeast Group Bhd's annual cash and cash equivalents increased from Sep. 2021 (RM52.85 Mil) to Sep. 2022 (RM71.05 Mil) and increased from Sep. 2022 (RM71.05 Mil) to Sep. 2023 (RM81.91 Mil).

Northeast Group Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Northeast Group 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.

Northeast Group Bhd Cash And Cash Equivalents Chart

Northeast Group Bhd Annual Data

Trend

Sep21

Sep22

Sep23

Cash And Cash Equivalents

52.85

71.05

81.91

Northeast Group Bhd Semi-Annual Data
	Sep21	Sep22	Sep23
Cash And Cash Equivalents	52.85	71.05	81.91

Northeast Group 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.

Northeast Group Bhd (XKLS:0325) 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.

Northeast Group Bhd Cash And Cash Equivalents Related Terms

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Northeast Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Northeast Group Bhd (XKLS:0325) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1946, Lorong IKS Bukit Minyak 1, Taman IKS Bukit Minyak, Simpang Ampat, PNG, MYS, 14100

Website

https://www.northeast.my

Northeast Group Bhd is an investment holding company. Through its subsidiaries, it is principally involved in the manufacturing of precision engineering components used in the photonics, E&E, semiconductor, telecommunication and optoelectronics industries. Precision engineering components are parts that are precisely machined in exact and accurate dimensions (i.e. tolerances for variation of up to a single-digit micron range) to be further processed and/or assembled to form end-products by its customers. Geographically, it operates in Malaysia, North America, Europe, Oceania, South America and Other Asian Countries.

Northeast Group Bhd Headlines

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