Kerjaya Prospek Group Bhd (XKLS:7161) Cash And Cash Equivalents : RM173 Mil (As of Dec. 2024)

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What is Kerjaya Prospek Group Bhd Cash And Cash Equivalents?

Kerjaya Prospek Group Bhd's quarterly cash and cash equivalents declined from Jun. 2024 (RM282.54 Mil) to Sep. 2024 (RM282.05 Mil) but then stayed the same from Sep. 2024 (RM282.05 Mil) to Dec. 2024 (RM173.27 Mil).

Kerjaya Prospek Group Bhd's annual cash and cash equivalents declined from Dec. 2022 (RM255.71 Mil) to Dec. 2023 (RM104.11 Mil) but then increased from Dec. 2023 (RM104.11 Mil) to Dec. 2024 (RM173.27 Mil).

Kerjaya Prospek Group Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Kerjaya Prospek Group 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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Kerjaya Prospek Group Bhd Cash And Cash Equivalents Chart

Kerjaya Prospek Group Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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250.95

210.32

255.71

104.11

173.27

Kerjaya Prospek Group 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															104.11	242.18	282.54	282.05	173.27

Kerjaya Prospek Group 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.

Kerjaya Prospek Group Bhd (XKLS:7161) 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.

Kerjaya Prospek Group Bhd Cash And Cash Equivalents Related Terms

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Kerjaya Prospek Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kerjaya Prospek Group Bhd (XKLS:7161) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

No. 1, Jalan Wangsa Permai, 2nd Floor, Bangunan One Wangsa, Taman Wangsa Permai, Kuala Lumpur, SGR, MYS, 52200

Website

https://www.kerjayagroup.com

Kerjaya Prospek Group Bhd is an investment holding company. The company's operating segment includes Manufacturing, Construction, Properties, Hospitality, and others. It generates maximum revenue from the Construction segment. The Construction segment is engaged in main building construction works, provision of contract workmanship, and other related services. Its Manufacturing segment is involved in manufacturing, assemble, installation and sale of light fitting, furniture and kitchen cabinetry, and related products. The Properties segment includes the development of residential and/or commercial properties. The Hospitality segment includes Hotel activities.

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