M N C Wireless Bhd (XKLS:0103) Cash And Cash Equivalents : RM0.22 Mil (As of Jan. 2024)

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What is M N C Wireless Bhd Cash And Cash Equivalents?

M N C Wireless Bhd's quarterly cash and cash equivalents declined from Jul. 2023 (RM1.22 Mil) to Oct. 2023 (RM0.59 Mil) but then stayed the same from Oct. 2023 (RM0.59 Mil) to Jan. 2024 (RM0.22 Mil).

M N C Wireless Bhd's annual cash and cash equivalents increased from Apr. 2021 (RM1.07 Mil) to Apr. 2022 (RM1.26 Mil) but then declined from Apr. 2022 (RM1.26 Mil) to Apr. 2023 (RM0.55 Mil).

M N C Wireless Bhd Cash And Cash Equivalents Historical Data

The historical data trend for M N C Wireless 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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M N C Wireless Bhd Cash And Cash Equivalents Chart

M N C Wireless Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Apr20

Apr21

Apr22

Apr23

Cash And Cash Equivalents

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5.05

1.62

1.07

1.26

0.55

M N C Wireless Bhd Quarterly Data
	Mar19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.02	0.55	1.22	0.59	0.22

M N C Wireless 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.

M N C Wireless Bhd (XKLS:0103) 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.

M N C Wireless Bhd Cash And Cash Equivalents Related Terms

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M N C Wireless Bhd (XKLS:0103) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » M N C Wireless Bhd (XKLS:0103) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

0103PA.PFD:Malaysia

Address

100-3.011, Jaya One, Number 72A, Jalan Profesor Diraja Ungku Aziz, 129 Offices, Petaling Jaya, SGR, MYS, 46200

Website

https://www.mnc.com.my

M N C Wireless Bhd operates in the telecom industry. Its business operates through various segments that are Mobile Applications, which provide mobile application platforms for short message services (SMS) to mobile phone users; and Wireless and Multimedia Related Services, which are involved in consultations, sales, marketing, and implementation of m-business solutions, management of content resources business, and other related multimedia services.

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