Azure Power Global (FRA:256) Cash And Cash Equivalents : €224.0 Mil (As of Mar. 2022)

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What is Azure Power Global Cash And Cash Equivalents?

Azure Power Global's quarterly cash and cash equivalents declined from Sep. 2021 (€109.81 Mil) to Dec. 2021 (€100.66 Mil) but then increased from Dec. 2021 (€100.66 Mil) to Mar. 2022 (€224.00 Mil).

Azure Power Global's annual cash and cash equivalents increased from Mar. 2021 (€128.12 Mil) to Mar. 2022 (€224.00 Mil) but then declined from Mar. 2022 (€224.00 Mil) to Mar. 2023 (€144.46 Mil).

Azure Power Global Cash And Cash Equivalents Historical Data

The historical data trend for Azure Power Global'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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Azure Power Global Cash And Cash Equivalents Chart

Azure Power Global Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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134.21

118.87

128.12

224.00

144.46

Azure Power Global Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Mar23
Cash And Cash Equivalents	Get a 7-Day Free Trial															75.99	109.81	100.66	224.00	144.46

Azure Power Global 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.

Azure Power Global (FRA:256) 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.

Azure Power Global Cash And Cash Equivalents Related Terms

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Azure Power Global (FRA:256) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Azure Power Global Ltd (FRA:256) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Saket Place, 5th Floor, Southern Park, D-II, Saket, New Delhi, IND, 110017

Website

https://www.azurepower.com

Azure Power Global Ltd produces and sells solar power in India. It is engaged in the development, construction, ownership, operation, maintenance, and management of solar power plants and the generation of solar energy. The company generates revenue from a mix of Indian central and state government utilities and commercial entities. The Company has a single operating and reporting segment: Sale of power.

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