Alcom Group Bhd (XKLS:2674) Cash And Cash Equivalents : RM92.1 Mil (As of Sep. 2024)

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What is Alcom Group Bhd Cash And Cash Equivalents?

Alcom Group Bhd's quarterly cash and cash equivalents declined from Mar. 2024 (RM183.42 Mil) to Jun. 2024 (RM87.65 Mil) but then increased from Jun. 2024 (RM87.65 Mil) to Sep. 2024 (RM92.05 Mil).

Alcom Group Bhd's annual cash and cash equivalents increased from Dec. 2021 (RM64.68 Mil) to Dec. 2022 (RM127.79 Mil) and increased from Dec. 2022 (RM127.79 Mil) to Dec. 2023 (RM154.71 Mil).

Alcom Group Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Alcom 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.

Alcom Group Bhd Cash And Cash Equivalents Chart

Alcom Group Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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50.78

46.96

64.68

127.79

154.71

Alcom Group Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															151.59	154.71	183.42	87.65	92.05

Alcom 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.

Alcom Group Bhd (XKLS:2674) 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.

Alcom Group Bhd Cash And Cash Equivalents Related Terms

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Alcom Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alcom Group Bhd (XKLS:2674) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

No. 3, Persiaran Waja, Bukit Raja Industrial Estate, Klang, MYS, 41050

Website

https://www.alcom.com.my

Alcom Group Bhd along with its subsidiaries, the company has four operating segments: Manufacturing; Property development; Construction; and Investment holding. It derives a majority of revenue from the Manufacturing segment which involves the manufacturing and trading of aluminum products such as Specialty products, Roofing products, and Foil products. Geographically, the group has a business presence in Malaysia, Thailand, India, Asia (excludes Malaysia, Thailand, and India), United States of America, the Middle East, and others, of which key revenue is generated from Malaysia.

Alcom Group Bhd Headlines

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