Heitech Padu Bhd (XKLS:5028) Cash And Cash Equivalents : RM39.8 Mil (As of Jun. 2024)

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What is Heitech Padu Bhd Cash And Cash Equivalents?

Heitech Padu Bhd's quarterly cash and cash equivalents increased from Dec. 2023 (RM31.51 Mil) to Mar. 2024 (RM45.01 Mil) but then stayed the same from Mar. 2024 (RM45.01 Mil) to Jun. 2024 (RM39.76 Mil).

Heitech Padu Bhd's annual cash and cash equivalents increased from Dec. 2021 (RM17.65 Mil) to Dec. 2022 (RM21.23 Mil) and increased from Dec. 2022 (RM21.23 Mil) to Dec. 2023 (RM31.51 Mil).

Heitech Padu Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Heitech Padu 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.

Heitech Padu Bhd Cash And Cash Equivalents Chart

Heitech Padu Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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12.62

18.97

17.65

21.23

31.51

Heitech Padu Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash And Cash Equivalents	Get a 7-Day Free Trial															45.17	47.83	31.51	45.01	39.76

Heitech Padu 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.

Heitech Padu Bhd (XKLS:5028) 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.

Heitech Padu Bhd Cash And Cash Equivalents Related Terms

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Heitech Padu Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Heitech Padu Bhd (XKLS:5028) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Persiaran Kewajipan, USJ 1, Level 15, HeiTech Village, UEP Subang Jaya, Subang Jaya, Selangor Darul Ehsan, MYS, 47600

Website

https://www.heitech.com.my

Heitech Padu Bhd offers systems integration, network related services, data centre management, disaster recovery services, and other information technology related services. The group is reorganized based on business maturity and is segregated as Core 1, which offers system integration and application development focusing on business acquisition for largely the Public Sector market. Core 2, which represents various offerings in different sectors by the group's subsidiaries; and Core 3, which carries the offerings for business acquisition mainly for the transport, financial services, and other segments. Geographically, it operates in Malaysia, Australia, and Indonesia. It has three operating segments: Information technology; Mailing and document processing services and Engineering works.

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