Indo Borax & Chemicals (BOM:524342) Cash And Cash Equivalents : ₹1,198 Mil (As of Mar. 2024)

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What is Indo Borax & Chemicals Cash And Cash Equivalents?

Indo Borax & Chemicals's quarterly cash and cash equivalents declined from Sep. 2023 (₹979.64 Mil) to Dec. 2023 (₹0.00 Mil) but then increased from Dec. 2023 (₹0.00 Mil) to Mar. 2024 (₹1,197.81 Mil).

Indo Borax & Chemicals's annual cash and cash equivalents increased from Mar. 2022 (₹358.58 Mil) to Mar. 2023 (₹852.47 Mil) and increased from Mar. 2023 (₹852.47 Mil) to Mar. 2024 (₹1,197.81 Mil).

Indo Borax & Chemicals Cash And Cash Equivalents Historical Data

The historical data trend for Indo Borax & Chemicals'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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Indo Borax & Chemicals Cash And Cash Equivalents Chart

Indo Borax & Chemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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409.54

20.26

358.58

852.47

1,197.81

Indo Borax & Chemicals 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															852.47	-	979.64	-	1,197.81

Indo Borax & Chemicals 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.

Indo Borax & Chemicals (BOM:524342) 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.

Indo Borax & Chemicals Cash And Cash Equivalents Related Terms

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Indo Borax & Chemicals (BOM:524342) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Indo Borax & Chemicals Ltd (BOM:524342) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

INDOBORAX:India

Address

Linking Road, 302, Link Rose, Santacruz West, Mumbai, MH, IND, 400054

Website

http://www.indoborax.com

Indo Borax & Chemicals Ltd is engaged in the manufacturing and selling of chemical products. The company's product offerings include Boric acid powder, Boric acid granular, Boric acid, Borax decahydrate granular and Borax decahydrate crystal. The company is operating in a single reportable segment i.e. manufacturing and selling of Chemicals. Its products Boric acid powder has applications in metallurgical operation, electroplating industry, nylon dyeing, nylon manufacturing and agricultural use. It derives revenues from the sale of manufactured goods, traded goods and related services.

Indo Borax & Chemicals (BOM:524342) Headlines

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