Lion Industries Bhd (XKLS:4235) Cash And Cash Equivalents : RM106 Mil (As of Mar. 2024)

View and export this data going back to 1973. Start your Free Trial

What is Lion Industries Bhd Cash And Cash Equivalents?

Lion Industries Bhd's quarterly cash and cash equivalents declined from Sep. 2023 (RM155.39 Mil) to Dec. 2023 (RM78.10 Mil) but then increased from Dec. 2023 (RM78.10 Mil) to Mar. 2024 (RM105.64 Mil).

Lion Industries Bhd's annual cash and cash equivalents declined from Jun. 2020 (RM213.74 Mil) to Dec. 2022 (RM162.02 Mil) and declined from Dec. 2022 (RM162.02 Mil) to Dec. 2023 (RM78.10 Mil).

Lion Industries Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Lion Industries 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.

Lion Industries Bhd Cash And Cash Equivalents Chart

Lion Industries Bhd Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

230.18

351.81

213.74

162.02

78.10

Lion Industries Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															108.72	112.11	155.39	78.10	105.64

Lion Industries 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.

Lion Industries Bhd (XKLS:4235) 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.

Lion Industries Bhd Cash And Cash Equivalents Related Terms

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

Lion Industries Bhd (XKLS:4235) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Lion Industries Corp Bhd (XKLS:4235) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Jalan Nagasari, Level 14, Lion Office Tower, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50200

Website

https://www.lion.com.my

Lion Industries Corp Bhd is an investment holding company. The company's business segments are steel, building materials, and others. Its steel segment engaged in manufacturing and marketing of steel bars, wire rods, hot briquetted iron, and steel related products. The building materials segment consists of trading and distribution of building materials and other steel products. Other segment involves in investment holding, treasury business, manufacture and trading of lubricants, spark plugs and provision of transportation services, agriculture, distributing and retailing of consumer products. The company generates maximum revenue from the Steel segment. Geographically, it derives a majority of the revenue from Malaysia.

Lion Industries Bhd (XKLS:4235) Headlines

No Headlines