Denka Co (Denka Co) Cash And Cash Equivalents : $218 Mil (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Denka Co Cash And Cash Equivalents?

Denka Co's quarterly cash and cash equivalents declined from Jun. 2023 ($158.11 Mil) to Sep. 2023 ($138.05 Mil) but then increased from Sep. 2023 ($138.05 Mil) to Dec. 2023 ($217.88 Mil).

Denka Co's annual cash and cash equivalents declined from Mar. 2022 ($170.44 Mil) to Mar. 2023 ($151.12 Mil) but then increased from Mar. 2023 ($151.12 Mil) to Mar. 2024 ($236.19 Mil).

Denka Co Cash And Cash Equivalents Historical Data

The historical data trend for Denka Co'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.

Denka Co Cash And Cash Equivalents Chart

Denka Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

Get a 7-Day Free Trial

270.95

238.36

170.44

151.12

236.19

Denka Co 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															151.12	158.11	138.05	217.88	236.19

Denka Co 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.

Denka Co (OTCPK:DENKF) 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.

Denka Co Cash And Cash Equivalents Related Terms

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

Denka Co (Denka Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Denka Co Ltd (OTCPK:DENKF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

4061:Japan DIK:Germany DIK:Germany

Address

Nihonbashi Mitsui Tower, 1-1, Nihonbashi-Muromachi, 2-Chome Chuo-ku, Tokyo, JPN, 103-8338

Website

http://www.denka.co.jp

Denka Co Ltd manufactures and sells chemicals, plastics, and chemical-based products. The firm organizes itself into four segments based on product type. The elastomers and performance plastics segment, which generates more revenue than any other segment, sells rubber products used by the automotive industry and plastics used to manufacture electronics including televisions. The infrastructure and social solutions segment sells cement and fertilizer to the construction and building industries. The electronics and innovative products segment sells film, and resins used by the electronics industry. The life science and environment products segment sells housing materials including rain gutters, plastic food packaging materials, and industrial materials including electrical tape.

Denka Co (Denka Co) Headlines

No Headlines