Thai Oil PCL (BKK:TOP) Cash And Cash Equivalents : ฿33,388 Mil (As of Mar. 2024)

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What is Thai Oil PCL Cash And Cash Equivalents?

Thai Oil PCL's quarterly cash and cash equivalents increased from Sep. 2023 (฿28,329.25 Mil) to Dec. 2023 (฿28,432.00 Mil) and increased from Dec. 2023 (฿28,432.00 Mil) to Mar. 2024 (฿33,387.68 Mil).

Thai Oil PCL's annual cash and cash equivalents increased from Dec. 2021 (฿28,302.00 Mil) to Dec. 2022 (฿40,815.00 Mil) but then declined from Dec. 2022 (฿40,815.00 Mil) to Dec. 2023 (฿28,432.00 Mil).

Thai Oil PCL Cash And Cash Equivalents Historical Data

The historical data trend for Thai Oil PCL's Cash And Cash Equivalents 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.

Thai Oil PCL Cash And Cash Equivalents Chart

Thai Oil PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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74,854.00

51,580.00

28,302.00

40,815.00

28,432.00

Thai Oil PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															47,101.20	32,597.22	28,329.25	28,432.00	33,387.68

Thai Oil PCL Cash And Cash Equivalents 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.

Thai Oil PCL (BKK:TOP) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Thai Oil PCL Cash And Cash Equivalents Related Terms

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Thai Oil PCL (BKK:TOP) Business Description

Industry

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Address

11th Floor, Vibhavadi Rangsit Road, 555/1 Energy Complex Building A, Kwang Chatuchak, Khet Chatuchak, Bangkok, THA, 10900

Website

https://www.thaioilgroup.com

Thai Oil PCL is a refiner and supplier of petroleum products. Based out of Thailand, the company's refinery unit produces the most revenue of its various business segments. Thai Oil's refined products primarily consist of middle-distillation fuels such as jet fuel, kerosene, and diesel fuel. Once refined, petroleum products can be transported by the midstream business, Thai Petroleum Pipeline. In addition to the transportation and refinery segments, Thai Oil produces aromatics, which are used in products like detergent. Power generation, alternative energy, and chemical production are also byproducts of Thai Oil and its many subsidiaries.