REDtone Digital Bhd (XKLS:0032) Cash And Cash Equivalents : RM44.8 Mil (As of Mar. 2024)

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What is REDtone Digital Bhd Cash And Cash Equivalents?

REDtone Digital Bhd's quarterly cash and cash equivalents declined from Sep. 2023 (RM47.14 Mil) to Dec. 2023 (RM37.60 Mil) but then increased from Dec. 2023 (RM37.60 Mil) to Mar. 2024 (RM44.77 Mil).

REDtone Digital Bhd's annual cash and cash equivalents increased from Jun. 2021 (RM42.45 Mil) to Jun. 2022 (RM50.36 Mil) and increased from Jun. 2022 (RM50.36 Mil) to Jun. 2023 (RM88.51 Mil).

REDtone Digital Bhd Cash And Cash Equivalents Historical Data

The historical data trend for REDtone Digital Bhd'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.

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REDtone Digital Bhd Cash And Cash Equivalents Chart

REDtone Digital Bhd Annual Data

Trend

May12

May13

May14

May15

Apr17

Apr18

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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3.22

44.04

42.45

50.36

88.51

REDtone Digital Bhd Quarterly Data
	Jan19	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															35.31	88.51	47.14	37.60	44.77

REDtone Digital Bhd 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.

REDtone Digital Bhd (XKLS:0032) 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.

REDtone Digital Bhd Cash And Cash Equivalents Related Terms

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REDtone Digital Bhd (XKLS:0032) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » REDtone Digital Bhd (XKLS:0032) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

IOI Business Park, Suite 22-30, 5th Floor, Puchong, SGR, MYS, 47100

Website

https://www.redtone.com

REDtone Digital Bhd formerly REDtone International Bhd is a digital infrastructure and services provider that offers services under three categories that are Telecommunications Services which offers data and voice services to government, enterprises, and small and medium enterprises (SMEs), Managed Telecommunications Network Services (MTNS) which includes building, maintaining and operating large scale WiFi hotspots, radio access network (RAN) infrastructure and fibre optic infrastructure, and Industry Digital Services (IDS) which includes data centre services, internet of things (IoT) services, cloud services and applications, and healthcare solutions to enterprises, government and the healthcare industry.

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