Cabnet Holdings Bhd (XKLS:0191) Cash, Cash Equivalents, Marketable Securities : RM25.0 Mil (As of Nov. 2023)

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What is Cabnet Holdings Bhd Cash, Cash Equivalents, Marketable Securities?

Cabnet Holdings Bhd's quarterly cash, cash equivalents, marketable securities increased from May. 2023 (RM17.95 Mil) to Aug. 2023 (RM25.21 Mil) but then stayed the same from Aug. 2023 (RM25.21 Mil) to Nov. 2023 (RM24.99 Mil).

Cabnet Holdings Bhd's annual cash, cash equivalents, marketable securities declined from Dec. 2018 (RM12.44 Mil) to Dec. 2019 (RM10.48 Mil) and declined from Dec. 2019 (RM10.48 Mil) to Dec. 2020 (RM8.28 Mil).

Cabnet Holdings Bhd Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Cabnet Holdings Bhd'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.

Cabnet Holdings Bhd Cash, Cash Equivalents, Marketable Securities Chart

Cabnet Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash, Cash Equivalents, Marketable Securities

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8.35

14.61

12.44

10.48

8.28

Cabnet Holdings Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	May23	Aug23	Nov23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															11.39	10.78	17.95	25.21	24.99

Cabnet Holdings Bhd 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.

Cabnet Holdings Bhd (XKLS:0191) 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.

Cabnet Holdings Bhd Cash, Cash Equivalents, Marketable Securities Related Terms

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Cabnet Holdings Bhd (XKLS:0191) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Cabnet Holdings Bhd (XKLS:0191) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 (PLO 184) Jalan Angkasa Mas 6, Kawasan Perindustrian Tebrau II, Johor Bahru, MYS, 81100

Website

https://www.cabnet.asia

Cabnet Holdings Bhd is a company principally involved in the provision of building management solutions. The company is engaged in the provision of mechanical works, electrical works, Structured Cabling works; ELV Systems, and Information Technology Services. Structured Cabling includes Network System Design and Installation; Cable Testing, Labelling, and Certification; Fiber Optics Installation and Termination and Professional Cable Installation and Termination. In ELV Systems, it includes Access Control System; CCTV System; Cabinet Integrated Security Solution; Intercom System; SMATV/MATV, and PA System. The IT Services include Server Virtualization; Data Centre Solutions; Enterprise Messaging solutions and others.

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