MN Holdings Bhd (XKLS:0245) Cash, Cash Equivalents, Marketable Securities : RM44.6 Mil (As of Mar. 2024)

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

MN Holdings Bhd's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 (RM26.48 Mil) to Dec. 2023 (RM25.52 Mil) but then increased from Dec. 2023 (RM25.52 Mil) to Mar. 2024 (RM44.62 Mil).

MN Holdings Bhd's annual cash, cash equivalents, marketable securities increased from Jun. 2021 (RM11.26 Mil) to Jun. 2022 (RM18.90 Mil) and increased from Jun. 2022 (RM18.90 Mil) to Jun. 2023 (RM21.62 Mil).

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

The historical data trend for MN 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.

MN Holdings Bhd Cash, Cash Equivalents, Marketable Securities Chart

MN Holdings Bhd Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash, Cash Equivalents, Marketable Securities

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4.92

6.03

11.26

18.90

21.62

MN Holdings Bhd Quarterly Data
	Jun18	Jun19	Jun20	Jun21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial									21.69	21.62	26.48	25.52	44.62

MN 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.

MN Holdings Bhd (XKLS:0245) 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.

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

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MN Holdings Bhd (XKLS:0245) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MN Holdings Bhd (XKLS:0245) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

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Address

Jalan USJ 25/1B, F-07-01, Garden Shoppe One City, Subang Jaya, SGR, MYS, 47650

Website

https://www.mnholdings.com.my

MN Holdings Bhd is principally involved in the provision of infrastructure utility services comprising underground utilities engineering services and solutions; substation engineering services and solutions and Investment holding. It generates maximum revenue from the underground utilities engineering segment, which is engaged in the provision of underground utilities engineering services and solutions. The Substation engineering segment is engaged in the provision of substation engineering services and solutions and trading and supplying.

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