Aida Sekkei Co (TSE:2990) Cash And Cash Equivalents : 円8,852 Mil (As of Sep. 2023)

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What is Aida Sekkei Co Cash And Cash Equivalents?

Aida Sekkei Co's quarterly cash and cash equivalents increased from Sep. 2022 (円0.00 Mil) to Mar. 2023 (円15,020.00 Mil) but then stayed the same from Mar. 2023 (円15,020.00 Mil) to Sep. 2023 (円8,852.00 Mil).

Aida Sekkei Co's annual cash and cash equivalents increased from Mar. 2021 (円17,490.29 Mil) to Mar. 2022 (円22,409.00 Mil) but then declined from Mar. 2022 (円22,409.00 Mil) to Mar. 2023 (円15,020.00 Mil).

Aida Sekkei Co Cash And Cash Equivalents Historical Data

The historical data trend for Aida Sekkei 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.

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Aida Sekkei Co Cash And Cash Equivalents Chart

Aida Sekkei Co Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

11,650.77

11,396.83

17,490.29

22,409.00

15,020.00

Aida Sekkei Co Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial				19,452.06	22,409.00	-	15,020.00	8,852.00

Aida Sekkei 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.

Aida Sekkei Co (TSE:2990) 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.

Aida Sekkei Co Cash And Cash Equivalents Related Terms

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Aida Sekkei Co (TSE:2990) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Aida Sekkei Co Ltd (TSE:2990) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-286 Sakuragicho, Omiya-ku, Saitama Prefecture, Saitama, JPN, 330-0854

Website

https://www.aidagroup.co.jp

Aida Sekkei Co Ltd is engaged in the sales and construction of pre-build homes and custom build homes.

Aida Sekkei Co (TSE:2990) Headlines

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