Thai Coconut PCL (BKK:COCOCO) Cash, Cash Equivalents, Marketable Securities : ฿2,028 Mil (As of Sep. 2023)

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What is Thai Coconut PCL Cash, Cash Equivalents, Marketable Securities?

Thai Coconut PCL's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (฿297.42 Mil) to Jun. 2023 (฿300.39 Mil) and increased from Jun. 2023 (฿300.39 Mil) to Sep. 2023 (฿2,028.17 Mil).

Thai Coconut PCL's annual cash, cash equivalents, marketable securities increased from Dec. 2020 (฿180.60 Mil) to Dec. 2021 (฿258.38 Mil) and increased from Dec. 2021 (฿258.38 Mil) to Dec. 2022 (฿297.42 Mil).

Thai Coconut PCL Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Thai Coconut PCL's Cash, Cash Equivalents, Marketable Securities 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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Thai Coconut PCL Cash, Cash Equivalents, Marketable Securities Chart

Thai Coconut PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

121.42

180.60

258.38

297.42

Thai Coconut PCL Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			-	-	297.42	300.39	2,028.17

Thai Coconut PCL Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Thai Coconut PCL (BKK:COCOCO) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Thai Coconut PCL Cash, Cash Equivalents, Marketable Securities Related Terms

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Thai Coconut PCL (BKK:COCOCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thai Coconut PCL (BKK:COCOCO) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Changwattana Road, 108/45 Soi Changwattana 20, Pakkred, Nonthaburi, THA, 11120

Website

https://www.thaicoconut.com

Thai Coconut PCL is engaged in the production and distribution of coconut products. Its Products include coconut milk, coconut water, virgin coconut oil, ready curry soup, coconut snacks, desiccated coconut, etc. Products from its factory are produced under the Thaicoco and Cocoburi brands. Its segments are Coconut milk and Coconut water. It generates the majority of its revenue from Coconut milk.

Thai Coconut PCL (BKK:COCOCO) Headlines

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