SCGM Bhd (XKLS:7247) Cash And Cash Equivalents : RM119.00 Mil (As of Mar. 2024)

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What is SCGM Bhd Cash And Cash Equivalents?

SCGM Bhd's quarterly cash and cash equivalents increased from Jul. 2023 (RM109.04 Mil) to Oct. 2023 (RM111.96 Mil) and increased from Oct. 2023 (RM111.96 Mil) to Mar. 2024 (RM119.00 Mil).

SCGM Bhd's annual cash and cash equivalents increased from Apr. 2020 (RM4.87 Mil) to Apr. 2021 (RM13.65 Mil) but then declined from Apr. 2021 (RM13.65 Mil) to Apr. 2022 (RM9.34 Mil).

SCGM Bhd Cash And Cash Equivalents Historical Data

The historical data trend for SCGM 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.

SCGM Bhd Cash And Cash Equivalents Chart

SCGM Bhd Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Cash And Cash Equivalents

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4.35

8.28

4.87

13.65

9.34

SCGM Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															108.49	109.03	109.04	111.96	119.00

SCGM 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.

SCGM Bhd (XKLS:7247) 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.

SCGM Bhd Cash And Cash Equivalents Related Terms

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SCGM Bhd (XKLS:7247) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » SCGM Bhd (XKLS:7247) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

PTD 109444, Jalan Sengkang, Kawasan Perusahaan Sri Sengkang, Johor Darul, Takzim, Kulai, JHR, MYS, 81000

Website

https://www.scgmbhd.com

SCGM Bhd is an investment holding company. The company's business segments are Manufacturing and Investment holding. The Manufacturing segment of the company is engaged in the manufacturing and finished plastic products, other articles of paper, paperboards, and plastic articles for the packing of goods. The company derives the majority of its revenue from the Investment holding segment. The predominantly operates in Malaysia.

SCGM Bhd (XKLS:7247) Headlines

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