Micronics Japan Co (TSE:6871) Cash And Cash Equivalents : 円19,045 Mil (As of Mar. 2024)

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What is Micronics Japan Co Cash And Cash Equivalents?

Micronics Japan Co's quarterly cash and cash equivalents increased from Sep. 2023 (円17,476.00 Mil) to Dec. 2023 (円17,989.00 Mil) and increased from Dec. 2023 (円17,989.00 Mil) to Mar. 2024 (円19,045.00 Mil).

Micronics Japan Co's annual cash and cash equivalents increased from Sep. 2020 (円12,097.00 Mil) to Dec. 2021 (円19,202.00 Mil) and increased from Dec. 2021 (円19,202.00 Mil) to Dec. 2022 (円21,552.00 Mil).

Micronics Japan Co Cash And Cash Equivalents Historical Data

The historical data trend for Micronics Japan Co'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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Micronics Japan Co Cash And Cash Equivalents Chart

Micronics Japan Co Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Dec21

Dec22

Cash And Cash Equivalents

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11,186.00

11,375.00

12,097.00

19,202.00

21,552.00

Micronics Japan Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															18,335.00	18,245.00	17,476.00	17,989.00	19,045.00

Micronics Japan Co 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.

Micronics Japan Co (TSE:6871) 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.

Micronics Japan Co Cash And Cash Equivalents Related Terms

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Micronics Japan Co (TSE:6871) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Micronics Japan Co Ltd (TSE:6871) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

MJ3:Germany

Address

2-6-8 Kichijoji Hon-cho, Musashino-shi, Tokyo, JPN, 180 8508

Website

http://www.mjc.co.jp

Micronics Japan Co Ltd is a Japanese company which is engaged in manufacturing of semiconductor and related products. It mainly produces probe cards for testing the electrical properties of wafers, testing equipment and test sockets for property testing after packaging, and a wafer prober, which is used for evaluation and analysis of devices. The company also offers products such as array probers, which are used for testing the electrical properties of flat panel displays (FDP), automated optical inspection equipment used for the display inspection of panels, and probe units that send electrical signals to test panels. Its product portfolio includes probe cards, package probe, semiconductor test equipment, automated optical inspection equipment, probe units, and FDP prober products.

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