Mercury Securities Group Bhd (XKLS:0285) Cash, Cash Equivalents, Marketable Securities : RM83.62 Mil (As of Oct. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Mercury Securities Group Bhd Cash, Cash Equivalents, Marketable Securities?

Mercury Securities Group Bhd's quarterly cash, cash equivalents, marketable securities increased from Oct. 2022 (RM46.55 Mil) to Apr. 2023 (RM87.12 Mil) but then stayed the same from Apr. 2023 (RM87.12 Mil) to Oct. 2023 (RM83.62 Mil).

Mercury Securities Group Bhd's annual cash, cash equivalents, marketable securities increased from Oct. 2021 (RM44.36 Mil) to Oct. 2022 (RM46.55 Mil) and increased from Oct. 2022 (RM46.55 Mil) to Oct. 2023 (RM83.62 Mil).

Mercury Securities Group Bhd Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Mercury Securities Group 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.

Mercury Securities Group Bhd Cash, Cash Equivalents, Marketable Securities Chart

Mercury Securities Group Bhd Annual Data

Trend

Oct19

Oct20

Oct21

Oct22

Oct23

Cash, Cash Equivalents, Marketable Securities

41.40

47.85

44.36

46.55

83.62

Mercury Securities Group Bhd Semi-Annual Data
	Oct19	Oct20	Oct21	Apr22	Oct22	Apr23	Oct23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			44.36	-	46.55	87.12	83.62

Mercury Securities Group 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.

Mercury Securities Group Bhd (XKLS:0285) 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.

Mercury Securities Group Bhd Cash, Cash Equivalents, Marketable Securities Related Terms

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

Mercury Securities Group Bhd (XKLS:0285) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Mercury Securities Group Bhd (XKLS:0285) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 Jalan Solaris, L-7-2, Solaris Mont Kiara, Kuala Lumpur, MYS, 50480

Website

https://www.mercurysecurities.com.my

Mercury Securities Group Bhd is an investment holding company and through its subsidiaries, It is principally engaged in stockbroking, corporate finance advisory and other related businesses as well as the provision of nominee and custodian services. Mercury provides stockbroking services comprising execution of trades of securities listed on Bursa Securities and foreign stock exchanges mainly in Singapore, Hong Kong and the USA, as well as margin financing facility services, nominees, custodians and related services. It is also licensed by the Securities Commission Malaysia to undertake regulated corporate finance activities as a Principal or Independent Advisor.

Mercury Securities Group Bhd (XKLS:0285) Headlines

No Headlines