LFE Bhd (XKLS:7170) Cash And Cash Equivalents : RM20.4 Mil (As of Dec. 2023)

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What is LFE Bhd Cash And Cash Equivalents?

LFE Bhd's quarterly cash and cash equivalents increased from Jun. 2023 (RM13.70 Mil) to Sep. 2023 (RM24.57 Mil) but then stayed the same from Sep. 2023 (RM24.57 Mil) to Dec. 2023 (RM20.39 Mil).

LFE Bhd's annual cash and cash equivalents declined from Dec. 2021 (RM22.57 Mil) to Dec. 2022 (RM12.11 Mil) but then increased from Dec. 2022 (RM12.11 Mil) to Dec. 2023 (RM20.39 Mil).

LFE Bhd Cash And Cash Equivalents Historical Data

The historical data trend for LFE 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.

LFE Bhd Cash And Cash Equivalents Chart

LFE Bhd Annual Data

Trend

Jul13

Jul14

Jul15

Jul16

Jul17

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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0.62

1.59

22.57

12.11

20.39

LFE 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															12.11	9.10	13.70	24.57	20.39

LFE 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.

LFE Bhd (XKLS:7170) 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.

LFE Bhd Cash And Cash Equivalents Related Terms

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LFE Bhd (XKLS:7170) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » LFE Corp Bhd (XKLS:7170) » Definitions » Cash And Cash Equivalents

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Address

98, Jalan Dang Wangi, Suite 11.01, 11th Floor, Campbell Complex, Kuala Lumpur, MYS, 50100

Website

https://www.lfe.com.my

LFE Corp Bhd is Malaysia based company. The operating segment of the company are Construction, Mechanical and Electrical, Property development, and Investment. Geographically, the group operates in Malaysia and UAE. It earns the majority of its revenue from the construction, mechanical and electrical segment.

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