Nittoc Construction Co (TSE:1929) Cash And Cash Equivalents : 円16,783 Mil (As of Dec. 2023)

View and export this data going back to 1983. Start your Free Trial

What is Nittoc Construction Co Cash And Cash Equivalents?

Nittoc Construction Co's quarterly cash and cash equivalents declined from Jun. 2023 (円20,601.00 Mil) to Sep. 2023 (円18,604.00 Mil) but then stayed the same from Sep. 2023 (円18,604.00 Mil) to Dec. 2023 (円16,783.00 Mil).

Nittoc Construction Co's annual cash and cash equivalents increased from Mar. 2021 (円17,722.00 Mil) to Mar. 2022 (円20,723.00 Mil) but then declined from Mar. 2022 (円20,723.00 Mil) to Mar. 2023 (円19,457.00 Mil).

Nittoc Construction Co Cash And Cash Equivalents Historical Data

The historical data trend for Nittoc Construction 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.

Nittoc Construction Co Cash And Cash Equivalents Chart

Nittoc Construction Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

Get a 7-Day Free Trial

13,346.00

18,713.00

17,722.00

20,723.00

19,457.00

Nittoc Construction Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															16,989.00	19,457.00	20,601.00	18,604.00	16,783.00

Nittoc Construction 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.

Nittoc Construction Co (TSE:1929) 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.

Nittoc Construction Co Cash And Cash Equivalents Related Terms

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

Nittoc Construction Co (TSE:1929) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nittoc Construction Co Ltd (TSE:1929) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

10-6, 3-Chome, Higashi-nihonbashi, 4th, 5th, and 6th Floors, Heiwa Higashi-Nihonbashi Building, Chuo-ku, Tokyo, JPN, 103-0004

Website

http://www.nittoc.co.jp

Nittoc Construction Co Ltd engages in construction and civil engineering business. It offers services in disaster prevention and environmental conservation such as vegetation and re-vegetation, river and shore embankment protection, rock slope failure prevention, temporary anchor works, and structure diagnosis; urban regeneration such as ground improvement, reinforcement works and foundation method, liquification prevention measures, piling, and anchoring; maintenance and renovation such as slope reinforcement, concrete structure upgrade, rock slope diagnosis, diagnosis and investigation and reinforcement of existing structure. In addition, the company offers construction consultancy, grouting, applied engineering, and shield, as well as survey, geological survey, and design services.

Nittoc Construction Co (TSE:1929) Headlines

No Headlines