Nexg Bhd (XKLS:5216) Cash And Cash Equivalents : RM27.6 Mil (As of Dec. 2024)

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What is Nexg Bhd Cash And Cash Equivalents?

Nexg Bhd's quarterly cash and cash equivalents declined from Jun. 2024 (RM50.29 Mil) to Sep. 2024 (RM24.14 Mil) but then increased from Sep. 2024 (RM24.14 Mil) to Dec. 2024 (RM27.56 Mil).

Nexg Bhd's annual cash and cash equivalents increased from Mar. 2022 (RM4.64 Mil) to Mar. 2023 (RM18.15 Mil) and increased from Mar. 2023 (RM18.15 Mil) to Mar. 2024 (RM22.27 Mil).

Nexg Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Nexg 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.

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Nexg Bhd Cash And Cash Equivalents Chart

Nexg Bhd Annual Data

Trend

Dec13

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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12.85

10.74

4.64

18.15

22.27

Nexg Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															19.10	22.27	50.29	24.14	27.56

Nexg 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.

Nexg Bhd (XKLS:5216) 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.

Nexg Bhd Cash And Cash Equivalents Related Terms

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Nexg Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nexg Bhd (XKLS:5216) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Bangunan Setia 1, Level 6, No. 15, Damansara Heights, Lorong Dungun, Kuala Lumpur, MYS, 50490

Website

https://www.datasonic.com.my

Nexg Bhd formerly Datasonic Group Bhd functions in the computer technology field. The company's segments include Customised smart card solutions (CSCS), Manufacturing (MA), and Investment Holding (IH). The CSCS segment is engaged in the provision of large-scale customized software and hardware systems for secure identification (ID), total smart card solutions, and information and communications technology (ICT) project management. The MA segment is engaged in the manufacturing of cards and booklets. The IH segment is engaged in investment holding and the provision of management services to the group of companies. The company derives maximum revenue from the CSCS segment.

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