YB Ventures Bhd (XKLS:5048) Cash And Cash Equivalents : RM11.77 Mil (As of Mar. 2024)

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What is YB Ventures Bhd Cash And Cash Equivalents?

YB Ventures Bhd's quarterly cash and cash equivalents declined from Sep. 2023 (RM21.44 Mil) to Dec. 2023 (RM15.77 Mil) but then stayed the same from Dec. 2023 (RM15.77 Mil) to Mar. 2024 (RM11.77 Mil).

YB Ventures Bhd's annual cash and cash equivalents increased from Dec. 2019 (RM52.96 Mil) to Dec. 2020 (RM54.97 Mil) but then declined from Dec. 2020 (RM54.97 Mil) to Jun. 2023 (RM10.82 Mil).

YB Ventures Bhd Cash And Cash Equivalents Historical Data

The historical data trend for YB Ventures 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.

YB Ventures Bhd Cash And Cash Equivalents Chart

YB Ventures Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Jun23

Cash And Cash Equivalents

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51.87

45.23

52.96

54.97

10.82

YB Ventures Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															14.36	10.82	21.44	15.77	11.77

YB Ventures 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.

YB Ventures Bhd (XKLS:5048) 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.

YB Ventures Bhd Cash And Cash Equivalents Related Terms

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YB Ventures Bhd (XKLS:5048) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » YB Ventures Bhd (XKLS:5048) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

Lot 7020, Batu 23, Jalan Air Hitam, Johor Darul Takzim, Kulai, SGR, MYS, 81000

Website

https://www.ybventures.com

YB Ventures Bhd is an investment holding company engaged in the tile manufacturing and internet technology. The company operates in two segments namely, Manufacturing and trading segment and Investment holding and dormant segment, out of which the majority of revenue is derived from the Manufacturing and Trading segment. The Group mainly produces tiles under their proprietary brand Alpha Tile a household name in construction, renovation and interior fit-out industries. Geographically it operates in Malaysia, Singapore and Others, out of which the majority of revenue is derived from Malaysia.

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