More detail on what you noticed... no cash available...Over the twelve months to June 2023, Alam Maritim Resources Berhad recorded an accrual ratio of 2.31. Statistically speaking, that's a real negative for future earnings. And indeed, during the period the company didn't produce any free cash flow whatsoever. Over the last year it actually had negative free cash flow of RM13m, in contrast to the aforementioned profit of RM16.5m

Abubakar need to understand why impairment or cost accrue or accrual were made.. Majority organization cost accrue on the high side as not all costs came in at the time of closing accounts.. When thet cost accrue too much, they reverse that amount on their next quarter..

Even if ALAM running tight on cash, there are other bank facilities that can help companies like ALAM continuing running e.g. facilities like BG, BA and etc.. I hate speculators.. I am not accountant or CPA, I only have Form 3 Perdagangan cert.. pls see my previous comments for your future reference