CN Asia Bhd (XKLS:7986) Cash And Cash Equivalents : RM12.46 Mil (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is CN Asia Bhd Cash And Cash Equivalents?

CN Asia Bhd's quarterly cash and cash equivalents declined from Jun. 2023 (RM12.10 Mil) to Sep. 2023 (RM11.69 Mil) but then increased from Sep. 2023 (RM11.69 Mil) to Dec. 2023 (RM12.46 Mil).

CN Asia Bhd's annual cash and cash equivalents declined from Dec. 2018 (RM25.70 Mil) to Dec. 2019 (RM16.74 Mil) and declined from Dec. 2019 (RM16.74 Mil) to Dec. 2020 (RM16.55 Mil).

CN Asia Bhd Cash And Cash Equivalents Historical Data

The historical data trend for CN Asia 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.

CN Asia Bhd Cash And Cash Equivalents Chart

CN Asia Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash And Cash Equivalents

Get a 7-Day Free Trial

28.75

24.00

25.70

16.74

16.55

CN Asia Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															12.54	12.42	12.10	11.69	12.46

CN Asia 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.

CN Asia Bhd (XKLS:7986) 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.

CN Asia Bhd Cash And Cash Equivalents Related Terms

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

CN Asia Bhd (XKLS:7986) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CN Asia Corp Bhd (XKLS:7986) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Balakong, Lot 7907, Batu 11, Ground Floor Office Building, Seri Kembangan, SGR, MYS, 43300

Website

https://www.cnasia.com

CN Asia Corp Bhd is an investment holding company. It is engaged in the manufacturing and trading of underground and skid tanks, dish ends, pressure vessels, road tankers, and piping for the petroleum industry as well as specialized engineering and fabrication works, and sub-contractor for civil engineering work. The company segments include Manufacturing, Investment, Energy Management, and Financial Services. It generates maximum revenue from the Manufacturing segment.

CN Asia Bhd (XKLS:7986) Headlines

No Headlines