Mitsui Fudosan Co (TSE:8801) Cash And Cash Equivalents : 円281,806 Mil (As of Dec. 2023)

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What is Mitsui Fudosan Co Cash And Cash Equivalents?

Mitsui Fudosan Co's quarterly cash and cash equivalents increased from Jun. 2023 (円243,701.00 Mil) to Sep. 2023 (円283,355.00 Mil) but then stayed the same from Sep. 2023 (円283,355.00 Mil) to Dec. 2023 (円281,806.00 Mil).

Mitsui Fudosan Co's annual cash and cash equivalents declined from Mar. 2022 (円146,329.00 Mil) to Mar. 2023 (円134,355.00 Mil) but then increased from Mar. 2023 (円134,355.00 Mil) to Mar. 2024 (円184,192.00 Mil).

Mitsui Fudosan Co Cash And Cash Equivalents Historical Data

The historical data trend for Mitsui Fudosan 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.

* Premium members only.

Mitsui Fudosan Co Cash And Cash Equivalents Chart

Mitsui Fudosan Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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183,412.00

189,542.00

146,329.00

134,355.00

184,192.00

Mitsui Fudosan 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															134,355.00	243,701.00	283,355.00	281,806.00	184,192.00

Mitsui Fudosan 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.

Mitsui Fudosan Co (TSE:8801) 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.

Mitsui Fudosan Co Cash And Cash Equivalents Related Terms

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Mitsui Fudosan Co (TSE:8801) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mitsui Fudosan Co Ltd (TSE:8801) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

MTSFY:USA MTSFF:USA MFU:Germany

Address

1-1, Nihonbashi-Muromachi 2-chome, Chuo-ku, Tokyo, JPN, 103-0022

Website

http://www.mitsuifudosan.co.jp

Mitsui Fudosan is one of the three big Japanese real estate companies, together with Mitsubishi Estate and Sumitomo Realty. Although its traditional office district is Nihonbashi, it has developed large office projects across Tokyo, as well as London and New York City. Mitsui Fudosan derives a higher portion of its revenue and profits from retail leasing than Mitsubishi Estate and Sumitomo Realty with an extensive portfolio of urban retail buildings, shopping malls, and outlet parks. It is in the process of expanding the latter two formats across Asia. Like Sumitomo Realty, it is active in condo development and residential real estate brokerage, and its Mitsui Home unit is a second-tier builder of detached houses.

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