Mohammed Hadi AL Rasheed & Partners Co (SAU:9601) Cash, Cash Equivalents, Marketable Securities : ﷼45.1 Mil (As of Dec. 2024)

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What is Mohammed Hadi AL Rasheed & Partners Co Cash, Cash Equivalents, Marketable Securities?

Mohammed Hadi AL Rasheed & Partners Co's quarterly cash, cash equivalents, marketable securities increased from Dec. 2023 (﷼19.81 Mil) to Jun. 2024 (﷼44.38 Mil) and increased from Jun. 2024 (﷼44.38 Mil) to Dec. 2024 (﷼45.13 Mil).

Mohammed Hadi AL Rasheed & Partners Co's annual cash, cash equivalents, marketable securities increased from Dec. 2022 (﷼9.10 Mil) to Dec. 2023 (﷼19.81 Mil) and increased from Dec. 2023 (﷼19.81 Mil) to Dec. 2024 (﷼45.13 Mil).

Mohammed Hadi AL Rasheed & Partners Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Mohammed Hadi AL Rasheed & Partners Co'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.

Mohammed Hadi AL Rasheed & Partners Co Cash, Cash Equivalents, Marketable Securities Chart

Mohammed Hadi AL Rasheed & Partners Co Annual Data

Trend

Dec22

Dec23

Dec24

Cash, Cash Equivalents, Marketable Securities

9.10

19.81

45.13

Mohammed Hadi AL Rasheed & Partners Co Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Cash, Cash Equivalents, Marketable Securities	9.10	-	19.81	44.38	45.13

Mohammed Hadi AL Rasheed & Partners Co 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.

Mohammed Hadi AL Rasheed & Partners Co (SAU:9601) 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.

Mohammed Hadi AL Rasheed & Partners Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Mohammed Hadi AL Rasheed & Partners Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mohammed Hadi AL Rasheed & Partners Co (SAU:9601) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

N/A

Address

Dammam Road, Building No. 2865, Granada District, Riyadh, SAU, 8137-13242

Website

https://www.alrasheedco.com.sa

Mohammed Hadi AL Rasheed & Partners Co is a company whose main activities are operating quarries, rewinding the magnetic core of generators, motors, and electrical transformers, general construction for residential buildings, general construction for non-residential buildings such as schools, hospitals, hotels, etc, also includes the construction of roads, streets, sidewalks, and road supplies, extending pipes of various types for electricity, communications, and others.

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