Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Ending Cash Position : KWD2.12 Mil (As of Dec. 2023)

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What is Burgan Company for Well Drilling Trading and MaintenanceK Ending Cash Position?

Burgan Company for Well Drilling Trading and MaintenanceK's Ending Cash Position for the quarter that ended in Dec. 2023 was KWD2.12 Mil.

Burgan Company for Well Drilling Trading and MaintenanceK's quarterly Ending Cash Position declined from Jun. 2023 (KWD4.17 Mil) to Sep. 2023 (KWD2.19 Mil) and declined from Sep. 2023 (KWD2.19 Mil) to Dec. 2023 (KWD2.12 Mil).

Burgan Company for Well Drilling Trading and MaintenanceK's annual Ending Cash Position increased from Mar. 2021 (KWD0.99 Mil) to Mar. 2022 (KWD1.68 Mil) and increased from Mar. 2022 (KWD1.68 Mil) to Mar. 2023 (KWD2.87 Mil).

Burgan Company for Well Drilling Trading and MaintenanceK Ending Cash Position Historical Data

The historical data trend for Burgan Company for Well Drilling Trading and MaintenanceK's Ending Cash Position 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.

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Burgan Company for Well Drilling Trading and MaintenanceK Ending Cash Position Chart

Burgan Company for Well Drilling Trading and MaintenanceK Annual Data

Trend

Mar12

Mar13

Mar14

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Ending Cash Position

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0.58

1.79

0.99

1.68

2.87

Burgan Company for Well Drilling Trading and MaintenanceK Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Ending Cash Position	Get a 7-Day Free Trial															2.08	2.87	4.17	2.19	2.12

Burgan Company for Well Drilling Trading and MaintenanceK Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Burgan Company for Well Drilling Trading and MaintenanceK's Ending Cash Position for the fiscal year that ended in Mar. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	1.681	+	1.193
	=	2.87

Burgan Company for Well Drilling Trading and MaintenanceK's Ending Cash Position for the quarter that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	2.185	+	-0.064
	=	2.12

Burgan Company for Well Drilling Trading and MaintenanceK Ending Cash Position Related Terms

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Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Burgan Company for Well Drilling Trading and Maintenance SAK (KUW:ABAR) » Definitions » Ending Cash Position

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Traded in Other Exchanges

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Address

Al-Ahmadi, Street 306, Al Fahaheel, Block 3, P.O. Box 47143, West Industrial Shuaiba, Kuwait, KWT, 64022

Website

https://www.burgandrilling.com

Burgan Company for Well Drilling Trading and Maintenance SAK is engaged in the provision of drilling, exploration, and maintenance services of wells for oil and gas companies. It serves its clients to drill their deep, medium, and shallow wells and carry also workover operations for the same. The company's operating segment being Oil and Gas well services. Geographically, it operates and derives revenue only from Kuwait.

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