Creditison Co (TSE:8253) Cash And Cash Equivalents : 円108,745 Mil (As of Mar. 2024)

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What is Creditison Co Cash And Cash Equivalents?

Creditison Co's quarterly cash and cash equivalents increased from Sep. 2023 (円107,256.00 Mil) to Dec. 2023 (円116,456.00 Mil) but then stayed the same from Dec. 2023 (円116,456.00 Mil) to Mar. 2024 (円108,745.00 Mil).

Creditison Co's annual cash and cash equivalents increased from Mar. 2022 (円108,970.00 Mil) to Mar. 2023 (円159,671.00 Mil) but then declined from Mar. 2023 (円159,671.00 Mil) to Mar. 2024 (円108,745.00 Mil).

Creditison Co Cash And Cash Equivalents Historical Data

The historical data trend for Creditison 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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Creditison Co Cash And Cash Equivalents Chart

Creditison Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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109,761.00

101,001.00

108,970.00

159,671.00

108,745.00

Creditison Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															159,671.00	112,993.00	107,256.00	116,456.00	108,745.00

Creditison 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.

Creditison Co (TSE:8253) 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.

Creditison Co Cash And Cash Equivalents Related Terms

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Creditison Co (TSE:8253) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Credit Saison Co Ltd (TSE:8253) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

QC9:Germany

Address

1-1 Higashi-Ikebukuro 3-chome, 52nd Floor, Sunshine 60 Building, Toshima-ku, Tokyo, JPN, 170-6073

Website

http://www.saisoncard.co.jp

Credit Saison Co Ltd is a consumer finance company operating primarily in Japan. Saison operates in five reportable business segments: credit services, leasing, finance, real estate, and entertainment. Of these, credit services make up the vast majority of revenue. The company is one of Japan's leading card companies. The company issues Visa, MasterCard, American Express, and affinity cards carrying the Saison brand to a multitude of cardholders. Saison also provides insurance and asset management. The company is affiliated with the Mizuho Financial Group.

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