Tam Development Co (SAU:9570) Cash, Cash Equivalents, Marketable Securities : ﷼61.4 Mil (As of Dec. 2022)

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What is Tam Development Co Cash, Cash Equivalents, Marketable Securities?

Tam Development Co's quarterly cash, cash equivalents, marketable securities stayed the same from . 20 (﷼0.00 Mil) to . 20 (﷼0.00 Mil) but then increased from . 20 (﷼0.00 Mil) to Dec. 2022 (﷼61.39 Mil).

Tam Development Co's annual cash, cash equivalents, marketable securities increased from . 20 (﷼0.00 Mil) to Dec. 2022 (﷼61.39 Mil) but then declined from Dec. 2022 (﷼61.39 Mil) to Dec. 2023 (﷼52.37 Mil).

Tam Development Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Tam Development Co'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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Tam Development Co Cash, Cash Equivalents, Marketable Securities Chart

Tam Development Co Annual Data

Trend

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

61.39

52.37

Tam Development Co Quarterly Data
	Dec22	Dec23
Cash, Cash Equivalents, Marketable Securities	61.39	52.37

Tam Development Co 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.

Tam Development Co (SAU:9570) 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.

Tam Development Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Tam Development Co (SAU:9570) Business Description

Industry

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Traded in Other Exchanges

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Address

King Fahd Road Riyadh 8428, Unit No 11119, Grand Tower, 10th Floor, Additional No 4250, Riyadh, SAU, 12363

Website

https://www.tam.sa

Tam Development Co is a Saudi-based management consultancy firm. It offers a model that integrates digital solutions and advisory services, partnering with its clients to lead public impact.

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