Noritsu Koki Co (Noritsu Koki Co) Cash And Cash Equivalents : $507.8 Mil (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Noritsu Koki Co Cash And Cash Equivalents?

Noritsu Koki Co's quarterly cash and cash equivalents increased from Sep. 2023 ($300.11 Mil) to Dec. 2023 ($487.49 Mil) and increased from Dec. 2023 ($487.49 Mil) to Mar. 2024 ($507.84 Mil).

Noritsu Koki Co's annual cash and cash equivalents declined from Mar. 2020 ($465.90 Mil) to Dec. 2021 ($335.06 Mil) but then increased from Dec. 2021 ($335.06 Mil) to Dec. 2022 ($714.79 Mil).

Noritsu Koki Co Cash And Cash Equivalents Historical Data

The historical data trend for Noritsu Koki 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.

Noritsu Koki Co Cash And Cash Equivalents Chart

Noritsu Koki Co Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Cash And Cash Equivalents

Get a 7-Day Free Trial

251.43

248.08

465.90

335.06

714.79

Noritsu Koki 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															439.58	423.77	300.11	487.49	507.84

Noritsu Koki 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.

Noritsu Koki Co (OTCPK:NKOKF) 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.

Noritsu Koki Co Cash And Cash Equivalents Related Terms

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

Noritsu Koki Co (Noritsu Koki Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Noritsu Koki Co Ltd (OTCPK:NKOKF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

7744:Japan

Address

Azabu Juban 1-10-10 Joule A, 5th Floor, Minato-ku, Tokyo, JPN, 106-0045

Website

http://www.noritsu.co.jp

Noritsu Koki Co Ltd is a Japan-based company, engaged in the healthcare, drug discovery, senior life, agribusiness food, manufacturing, and other operations. In the manufacturing business, the company manufactures marking pen tip made of felt and synthetic fiber as the main product. In the healthcare business, it offers a range of medical services. In the drug discovery business, the company conducts research and development on biopharmaceuticals and regenerative medicine. The other operations of the company involves the business development and investment research, digital area business and insurance business.

Noritsu Koki Co (Noritsu Koki Co) Headlines

No Headlines