United Plantation Berhad (OCSE:UPB) Cash, Cash Equivalents, Marketable Securities : kr1,124 Mil (As of Mar. 2024)

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

What is United Plantation Berhad Cash, Cash Equivalents, Marketable Securities?

United Plantation Berhad's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 (kr1,188.57 Mil) to Dec. 2023 (kr929.70 Mil) but then increased from Dec. 2023 (kr929.70 Mil) to Mar. 2024 (kr1,123.97 Mil).

United Plantation Berhad's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (kr746.71 Mil) to Dec. 2022 (kr1,241.51 Mil) but then declined from Dec. 2022 (kr1,241.51 Mil) to Dec. 2023 (kr929.70 Mil).

United Plantation Berhad Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for United Plantation Berhad'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.

* Premium members only.

United Plantation Berhad Cash, Cash Equivalents, Marketable Securities Chart

United Plantation Berhad Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

744.87

701.07

746.71

1,241.51

929.70

United Plantation Berhad Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															1,548.47	979.32	1,188.57	929.70	1,123.97

United Plantation Berhad 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.

United Plantation Berhad (OCSE:UPB) 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.

United Plantation Berhad Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of United Plantation Berhad's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

United Plantation Berhad (OCSE:UPB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » United Plantation Berhad (OCSE:UPB) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

2089:Malaysia

Address

Jendarata Estate, Teluk Intan, PRK, MYS, 36009

Website

https://www.unitedplantations.com

United Plantation Berhad cultivates and processes palm oil, coconuts, and other plantation crops. Its subsidiaries process and manufacture palm oil until it is ready to be packaged and distributed to customers worldwide. It owns light railway to transport products from palm trees to a handful of mills located on its property. Coconuts can be sold at a young age for drinking purposes, or as mature nuts to help produce milk, powders, and other products. End products produced by the company include cooking oils, ready-to-eat oils, soaps, and specialty fats. The remaining waste water and discharge from mill operations are used to produce fertilizers or shipped to ponds where it can be purified and released to rivers and waterways.

United Plantation Berhad (OCSE:UPB) Headlines

No Headlines