Sapphire Foods India (BOM:543397) Cash And Cash Equivalents : ₹976 Mil (As of Mar. 2024)

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What is Sapphire Foods India Cash And Cash Equivalents?

Sapphire Foods India's quarterly cash and cash equivalents declined from Sep. 2023 (₹679.61 Mil) to Dec. 2023 (₹0.00 Mil) but then increased from Dec. 2023 (₹0.00 Mil) to Mar. 2024 (₹975.55 Mil).

Sapphire Foods India's annual cash and cash equivalents declined from Mar. 2022 (₹591.73 Mil) to Mar. 2023 (₹444.17 Mil) but then increased from Mar. 2023 (₹444.17 Mil) to Mar. 2024 (₹975.55 Mil).

Sapphire Foods India Cash And Cash Equivalents Historical Data

The historical data trend for Sapphire Foods India'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.

Sapphire Foods India Cash And Cash Equivalents Chart

Sapphire Foods India Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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221.00

450.50

591.73

444.17

975.55

Sapphire Foods India Quarterly Data
	Mar19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial												444.17	-	679.61	-	975.55

Sapphire Foods India 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.

Sapphire Foods India (BOM:543397) 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.

Sapphire Foods India Cash And Cash Equivalents Related Terms

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Sapphire Foods India (BOM:543397) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Sapphire Foods India Ltd (BOM:543397) » Definitions » Cash And Cash Equivalents

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SAPPHIRE:India

Address

Mindspace, Link Road, 702, Prism Tower, A Wing, Goregaon (West), Mumbai, MH, IND, 400 062

Website

https://www.sapphirefoods.in

Sapphire Foods India Ltd is the largest franchisee of Yum! Brands in the Indian subcontinent, with a track record of successfully operating more than 400 KFC, Pizza Hut, and Taco Bell restaurants across India, Sri Lanka, and the Maldives. Its business activity primarily falls within a single business and geographical segment which is Food and Beverages.

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