Hap Seng Plantations Holdings Bhd (XKLS:5138) Cash And Cash Equivalents : RM135.8 Mil (As of Dec. 2023)

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What is Hap Seng Plantations Holdings Bhd Cash And Cash Equivalents?

Hap Seng Plantations Holdings Bhd's quarterly cash and cash equivalents declined from Jun. 2023 (RM135.96 Mil) to Sep. 2023 (RM63.75 Mil) but then increased from Sep. 2023 (RM63.75 Mil) to Dec. 2023 (RM135.78 Mil).

Hap Seng Plantations Holdings Bhd's annual cash and cash equivalents increased from Dec. 2021 (RM121.04 Mil) to Dec. 2022 (RM166.34 Mil) but then declined from Dec. 2022 (RM166.34 Mil) to Dec. 2023 (RM135.78 Mil).

Hap Seng Plantations Holdings Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Hap Seng Plantations Holdings 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.

Hap Seng Plantations Holdings Bhd Cash And Cash Equivalents Chart

Hap Seng Plantations Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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49.32

63.66

121.04

166.34

135.78

Hap Seng Plantations Holdings Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															166.34	169.71	135.96	63.75	135.78

Hap Seng Plantations Holdings 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.

Hap Seng Plantations Holdings Bhd (XKLS:5138) 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.

Hap Seng Plantations Holdings Bhd Cash And Cash Equivalents Related Terms

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Hap Seng Plantations Holdings Bhd (XKLS:5138) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hap Seng Plantations Holdings Bhd (XKLS:5138) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan P. Ramlee, 21st Floor, Menara Hap Seng, Kuala Lumpur, SGR, MYS, 50250

Website

https://www.hapsengplantations.com.my

Hap Seng Plantations Holdings Bhd is a Malaysia based palm oil plantation company. It is engaged in planting and milling operations. The company operates in the palm oil industry where it grows oil palms in its estates, harvests and processes fresh fruit bunches into crude palm oil in its own mills, and then sells it. It produces palm oil in Sabah with a total area of approximately 40,279 hectares located entirely in Sabah, Malaysia. The company operates four mills namely, Jeroco 1 palm oil mill, Jeroco 2 palm oil mill, Bukit Mas palm oil mill, and Tomanggong palm oil mill. The group has operations in Singapore and Malaysia of which key revenue is generated from Malaysia. The majority of the group sales were local delivered sales to refiners within Malaysia.

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