Thai Union Feedmill PCL (BKK:TFM) Cash, Cash Equivalents, Marketable Securities : ฿634 Mil (As of Mar. 2024)

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What is Thai Union Feedmill PCL Cash, Cash Equivalents, Marketable Securities?

Thai Union Feedmill PCL's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 (฿407.46 Mil) to Dec. 2023 (฿587.28 Mil) and increased from Dec. 2023 (฿587.28 Mil) to Mar. 2024 (฿634.00 Mil).

Thai Union Feedmill PCL's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (฿546.38 Mil) to Dec. 2022 (฿215.39 Mil) but then increased from Dec. 2022 (฿215.39 Mil) to Dec. 2023 (฿587.28 Mil).

Thai Union Feedmill PCL Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Thai Union Feedmill PCL'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.

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Thai Union Feedmill PCL Cash, Cash Equivalents, Marketable Securities Chart

Thai Union Feedmill PCL Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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92.25

119.27

546.38

215.39

587.28

Thai Union Feedmill PCL Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial														310.10	298.22	407.46	587.28	634.00

Thai Union Feedmill PCL 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.

Thai Union Feedmill PCL (BKK:TFM) 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.

Thai Union Feedmill PCL Cash, Cash Equivalents, Marketable Securities Related Terms

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Thai Union Feedmill PCL (BKK:TFM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thai Union Feedmill PCL (BKK:TFM) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

89/1 Moo 2, Rama 2 Road, Kalong Subdistrict, Mueang District, Samut Sakhon Province, Samut Sakhon, THA, 74000

Website

https://www.thaiunionfeedmill.com

Thai Union Feedmill PCL is a manufacturer and distributor of aquatic feed in Thailand. Business is organised into four reportable segments; Shrimp feed products; Fish feed products; Livestock feed products and Others. The firm generates the majority of its revenue from Shrimp feed products. Geographically it exports to Pakistan and others and drives key revenue from Thailand.