Zantat Holdings Bhd (XKLS:0301) Cash, Cash Equivalents, Marketable Securities : RM23.34 Mil (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

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

Zantat Holdings Bhd's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (RM7.97 Mil) to Sep. 2023 (RM8.52 Mil) and increased from Sep. 2023 (RM8.52 Mil) to Mar. 2024 (RM23.34 Mil).

Zantat Holdings Bhd's annual cash, cash equivalents, marketable securities declined from Dec. 2020 (RM10.98 Mil) to Dec. 2021 (RM7.12 Mil) but then increased from Dec. 2021 (RM7.12 Mil) to Dec. 2022 (RM7.97 Mil).

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

The historical data trend for Zantat 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.

Zantat Holdings Bhd Cash, Cash Equivalents, Marketable Securities Chart

Zantat Holdings Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

10.98

7.12

7.97

Zantat Holdings Bhd Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Sep23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			7.12	-	7.97	8.52	23.34

Zantat 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.

Zantat Holdings Bhd (XKLS:0301) 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.

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

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

Zantat Holdings Bhd (XKLS:0301) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zantat Holdings Bhd (XKLS:0301) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

PT 24571 & PT 21289 (Lot 35978), Kaw. Industri Batu Kapur Keramat Pulai, Kampung Kepayang, PRK, MYS, 31300

Website

http://www.zantat.com.my

Zantat Holdings Bhd is a is investment holding company. Through its subsidiaries, the group is principally involved in the production of calcium carbonate namely GCC and CC dispersions. It is also involved in the production of kaolin dispersion, processing of ultrafine PCC powder, trading of other industrial minerals and sales of limestone quarry products also operate our own limestone quarry mainly for internal use of limestone.

Zantat Holdings Bhd (XKLS:0301) Headlines

No Headlines