Homeritz Bhd (XKLS:5160) Cash And Cash Equivalents : RM183.9 Mil (As of Feb. 2024)

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What is Homeritz Bhd Cash And Cash Equivalents?

Homeritz Bhd's quarterly cash and cash equivalents increased from Aug. 2023 (RM170.24 Mil) to Nov. 2023 (RM180.90 Mil) and increased from Nov. 2023 (RM180.90 Mil) to Feb. 2024 (RM183.86 Mil).

Homeritz Bhd's annual cash and cash equivalents increased from Aug. 2021 (RM84.13 Mil) to Aug. 2022 (RM148.20 Mil) and increased from Aug. 2022 (RM148.20 Mil) to Aug. 2023 (RM170.24 Mil).

Homeritz Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Homeritz 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.

Homeritz Bhd Cash And Cash Equivalents Chart

Homeritz Bhd Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash And Cash Equivalents

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81.74

77.55

84.13

148.20

170.24

Homeritz Bhd Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash And Cash Equivalents	Get a 7-Day Free Trial															163.64	164.11	170.24	180.90	183.86

Homeritz 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.

Homeritz Bhd (XKLS:5160) 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.

Homeritz Bhd Cash And Cash Equivalents Related Terms

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Homeritz Bhd (XKLS:5160) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Homeritz Corp Bhd (XKLS:5160) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 8726, PTD 6023, Batu 8, Kawasan Perindustrian Bukit Bakri, Muar, JHR, MYS, 84200

Website

http://www.homeritzcorp.com

Homeritz Corp Bhd an investment holding company, designs, manufactures and sells upholstery furniture products. The company provides upholstery home furniture products consisting of leather and fabric-based sofas, dining chairs, and bed frames; and lifestyle furniture products under the Eritz brand. It is also involved in property investment activities and the design, manufacture, and sale of furniture and furniture parts. The company's majority revenue comes from Asia and the Asia Pacific region (excluding Malaysia).

Homeritz Bhd (XKLS:5160) Headlines

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