AMIC Forging (BOM:544037) Cash And Cash Equivalents : ₹1 Mil (As of Mar. 2023)

View and export this data going back to 2023. Start your Free Trial

What is AMIC Forging Cash And Cash Equivalents?

AMIC Forging's quarterly cash and cash equivalents increased from Mar. 2021 (₹1.54 Mil) to Mar. 2022 (₹1.85 Mil) but then stayed the same from Mar. 2022 (₹1.85 Mil) to Mar. 2023 (₹1.00 Mil).

AMIC Forging's annual cash and cash equivalents increased from Mar. 2021 (₹1.54 Mil) to Mar. 2022 (₹1.85 Mil) but then declined from Mar. 2022 (₹1.85 Mil) to Mar. 2023 (₹1.00 Mil).

AMIC Forging Cash And Cash Equivalents Historical Data

The historical data trend for AMIC Forging'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.

AMIC Forging Cash And Cash Equivalents Chart

AMIC Forging Annual Data

Trend

Mar21

Mar22

Mar23

Cash And Cash Equivalents

1.54

1.85

1.00

AMIC Forging Semi-Annual Data
	Mar21	Mar22	Mar23
Cash And Cash Equivalents	1.54	1.85	1.00

AMIC Forging 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.

AMIC Forging (BOM:544037) 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.

AMIC Forging Cash And Cash Equivalents Related Terms

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

AMIC Forging (BOM:544037) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AMIC Forging Ltd (BOM:544037) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

3A, Garstin Place, 2nd Floor, Kolkata, WB, IND, 700001

Website

https://www.amicforgings.com

AMIC Forging Ltd is engaged in the manufacturing of forged components. It manufactures precision machined components catering to various industries such as heavy Engineering, Steel Industry, Oil and gas, Petrochemicals, Chemicals, Refineries, Thermal Power, Nuclear Power, Hydro Power, Cement Industry, Sugar, and other related industries. It manufactures different forging components such as Gear Couplings, Roller Shaft, Brake Drum, Hook and other products as per international standards like AISI, BS, IS, DIN, etc.

AMIC Forging (BOM:544037) Headlines

No Headlines