Aichi Steel (FRA:8T2) Cash And Cash Equivalents : €286 Mil (As of Mar. 2024)

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What is Aichi Steel Cash And Cash Equivalents?

Aichi Steel's quarterly cash and cash equivalents declined from Sep. 2023 (€275.79 Mil) to Dec. 2023 (€271.39 Mil) but then increased from Dec. 2023 (€271.39 Mil) to Mar. 2024 (€285.83 Mil).

Aichi Steel's annual cash and cash equivalents increased from Mar. 2022 (€251.67 Mil) to Mar. 2023 (€332.15 Mil) but then declined from Mar. 2023 (€332.15 Mil) to Mar. 2024 (€285.83 Mil).

Aichi Steel Cash And Cash Equivalents Historical Data

The historical data trend for Aichi Steel'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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Aichi Steel Cash And Cash Equivalents Chart

Aichi Steel Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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321.73

418.56

251.67

332.15

285.83

Aichi Steel 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															332.15	280.39	275.79	271.39	285.83

Aichi Steel 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.

Aichi Steel (FRA:8T2) 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.

Aichi Steel Cash And Cash Equivalents Related Terms

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Aichi Steel (FRA:8T2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Aichi Steel Corp (FRA:8T2) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

5482:Japan

Address

1 Wanowari Araomachi, Aichi-ken, Tokai, JPN, 476-8666

Website

http://www.aichi-steel.co.jp

Aichi Steel Corp is a Japan-based company that manufactures and sells steel, forged products and electro-magnetic products. The company operates through four segments. The steel segment manufactures and sells specialty steel, stainless steel, and titanium. The forged product segment produces a wide variety of forgings. The electromagnetic products segment manufactures electromagnetic components. The steel and forged products segments are the two biggest segments, representing the majority of Aichi Steel's sales. Aichi Steel is a member of Toyota Group. Toyota Motor and Toyota Tsusho are its major customers. The company generates most of its revenue from the Japanese domestic market.

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