Advantest (TSE:6857) Cash And Cash Equivalents : 円75,717 Mil (As of Dec. 2023)

View and export this data going back to 1983. Start your Free Trial

What is Advantest Cash And Cash Equivalents?

Advantest's quarterly cash and cash equivalents declined from Jun. 2023 (円78,873.00 Mil) to Sep. 2023 (円77,725.00 Mil) but then stayed the same from Sep. 2023 (円77,725.00 Mil) to Dec. 2023 (円75,717.00 Mil).

Advantest's annual cash and cash equivalents declined from Mar. 2021 (円149,164.00 Mil) to Mar. 2022 (円116,582.00 Mil) and declined from Mar. 2022 (円116,582.00 Mil) to Mar. 2023 (円85,537.00 Mil).

Advantest Cash And Cash Equivalents Historical Data

The historical data trend for Advantest'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.

Advantest Cash And Cash Equivalents Chart

Advantest Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

Get a 7-Day Free Trial

119,943.00

127,703.00

149,164.00

116,582.00

85,537.00

Advantest Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															83,976.00	85,537.00	78,873.00	77,725.00	75,717.00

Advantest 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.

Advantest (TSE:6857) 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.

Advantest Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Advantest's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Advantest (TSE:6857) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Advantest Corp (TSE:6857) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ATEYY:USA ADTTF:USA VAN:Germany

Address

1-6-2, Marunouchi, Shin-Marunouchi Center Building, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

http://www.advantest.co.jp

Advantest Corp is a Japan-based company that manufactures and distributes semiconductor test systems and mechatronic products for applications in testing and measurement, healthcare, nanotechnology and other end markets. The firm's product portfolio includes integrated circuit test systems, e-beam lithography, scanning electron microscopy metrology, solid state drive test systems, terahertz spectroscopy, and other electronic measuring instruments. The firm has operations in Japan, the United States, Europe, Singapore, China, Taiwan, and Korea.

Advantest (TSE:6857) Headlines

No Headlines