B. I. G. Industries Bhd (XKLS:7005) Cash And Cash Equivalents : RM5.06 Mil (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is B. I. G. Industries Bhd Cash And Cash Equivalents?

B. I. G. Industries Bhd's quarterly cash and cash equivalents declined from Sep. 2023 (RM6.33 Mil) to Dec. 2023 (RM5.31 Mil) but then stayed the same from Dec. 2023 (RM5.31 Mil) to Mar. 2024 (RM5.06 Mil).

B. I. G. Industries Bhd's annual cash and cash equivalents increased from Jun. 2021 (RM3.14 Mil) to Jun. 2022 (RM5.12 Mil) but then declined from Jun. 2022 (RM5.12 Mil) to Jun. 2023 (RM2.92 Mil).

B. I. G. Industries Bhd Cash And Cash Equivalents Historical Data

The historical data trend for B. I. G. Industries 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.

B. I. G. Industries Bhd Cash And Cash Equivalents Chart

B. I. G. Industries Bhd Annual Data

Trend

Dec13

Dec14

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

Get a 7-Day Free Trial

2.95

5.23

3.14

5.12

2.92

B. I. G. Industries Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															8.14	2.92	6.33	5.31	5.06

B. I. G. Industries 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.

B. I. G. Industries Bhd (XKLS:7005) 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.

B. I. G. Industries Bhd Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of B. I. G. Industries Bhd's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

B. I. G. Industries Bhd (XKLS:7005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » B. I. G. Industries Bhd (XKLS:7005) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Tinju 13/50, 19D, 4th Floor, Block 2, Section 13, Worldwide Business Centre, Shah Alam, SGR, MYS, 40675

Website

https://www.bigind.com.my

B. I. G. Industries Bhd is engaged in manufacturing, distributing, and marketing industrial gases; property development and manufacturing and sale of ready-mix concrete products, manufacturing and trading of reinforced concrete piles and distribution of cement. It operates through the following segments: Industrial gas, Concrete, Property development and construction, and Corporate/Others.

B. I. G. Industries Bhd (XKLS:7005) Headlines

No Headlines