Asahi Group Holdings (TSE:2502) Cash And Cash Equivalents : 円66,408 Mil (As of Mar. 2024)

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What is Asahi Group Holdings Cash And Cash Equivalents?

Asahi Group Holdings's quarterly cash and cash equivalents declined from Sep. 2023 (円94,807.00 Mil) to Dec. 2023 (円59,945.00 Mil) but then increased from Dec. 2023 (円59,945.00 Mil) to Mar. 2024 (円66,408.00 Mil).

Asahi Group Holdings's annual cash and cash equivalents declined from Dec. 2021 (円52,743.00 Mil) to Dec. 2022 (円37,438.00 Mil) but then increased from Dec. 2022 (円37,438.00 Mil) to Dec. 2023 (円59,945.00 Mil).

Asahi Group Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Asahi Group Holdings'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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Asahi Group Holdings Cash And Cash Equivalents Chart

Asahi Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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48,489.00

48,460.00

52,743.00

37,438.00

59,945.00

Asahi Group Holdings 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															42,480.00	58,754.00	94,807.00	59,945.00	66,408.00

Asahi Group Holdings 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.

Asahi Group Holdings (TSE:2502) 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.

Asahi Group Holdings Cash And Cash Equivalents Related Terms

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Asahi Group Holdings (TSE:2502) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Asahi Group Holdings Ltd (TSE:2502) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ASBRF:USA ABW:Germany

Address

1-23-1, Azumabashi, Sumida-ku, Tokyo, JPN, 130-8602

Website

http://www.asahigroup-holdings.com

Asahi is a leading brewer in Japan with an estimated 36.5% market share by volume in Japan's beer and beer-like market, led by its Asahi Super Dry beer brand. It also operates a wide range of acholic and soft beverage products as well as packaged foods, mainly in Japan. It has made inroads into Europe through acquisitions of SABMiller's brands including Peroni and Pilsner Urquell in Western and Central Europe in 2016 and 2017. The acquisition of Carlton United Breweries has granted Asahi the leading market share in Australia's beer market with Great Northern the leading brand. East Asia including China and Southeast Asia are the other overseas markets where Asahi is growing. Overseas business represents nearly half of the group sales and 60% of business profits.

Asahi Group Holdings (TSE:2502) Headlines

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