Mitsui High-tec (TSE:6966) Cash And Cash Equivalents : 円39,248 Mil (As of Jan. 2024)

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What is Mitsui High-tec Cash And Cash Equivalents?

Mitsui High-tec's quarterly cash and cash equivalents increased from Jul. 2023 (円38,836.00 Mil) to Oct. 2023 (円44,053.00 Mil) but then stayed the same from Oct. 2023 (円44,053.00 Mil) to Jan. 2024 (円39,248.00 Mil).

Mitsui High-tec's annual cash and cash equivalents increased from Jan. 2022 (円22,610.00 Mil) to Jan. 2023 (円28,938.00 Mil) and increased from Jan. 2023 (円28,938.00 Mil) to Jan. 2024 (円39,248.00 Mil).

Mitsui High-tec Cash And Cash Equivalents Historical Data

The historical data trend for Mitsui High-tec'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 High-tec Cash And Cash Equivalents Chart

Mitsui High-tec Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash And Cash Equivalents

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15,793.00

14,748.00

22,610.00

28,938.00

39,248.00

Mitsui High-tec Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash And Cash Equivalents	Get a 7-Day Free Trial															28,938.00	35,046.00	38,836.00	44,053.00	39,248.00

Mitsui High-tec 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 High-tec (TSE:6966) 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 High-tec Cash And Cash Equivalents Related Terms

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Mitsui High-tec (TSE:6966) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Mitsui High-tec Inc (TSE:6966) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

6966:Japan

Address

2-10-1,Komine, Yahatanishi-ku, Kitakyushu, JPN, 807-8588

Website

http://www.mitsui-high-tec.com

Mitsui High-tec Inc manufactures and sells lead frame, motor core, precision tooling and machine tools in Japan. Its precision tooling/precision parts products include motor core dies, lead frame dies, mold dies, trim and form dies, and other type of stamping tools used in motor cores and IC lead frames, electric motor cores, automobile components, coins, and resin injection molding. It also provides open lead frames for semiconductor packages; and motor parts.

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