Nissan Chemical (TSE:4021) Cash And Cash Equivalents : 円22,738 Mil (As of Mar. 2024)

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What is Nissan Chemical Cash And Cash Equivalents?

Nissan Chemical's quarterly cash and cash equivalents increased from Sep. 2023 (円21,171.00 Mil) to Dec. 2023 (円25,683.00 Mil) but then stayed the same from Dec. 2023 (円25,683.00 Mil) to Mar. 2024 (円22,738.00 Mil).

Nissan Chemical's annual cash and cash equivalents declined from Mar. 2022 (円34,658.00 Mil) to Mar. 2023 (円29,647.00 Mil) and declined from Mar. 2023 (円29,647.00 Mil) to Mar. 2024 (円22,738.00 Mil).

Nissan Chemical Cash And Cash Equivalents Historical Data

The historical data trend for Nissan Chemical'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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Nissan Chemical Cash And Cash Equivalents Chart

Nissan Chemical Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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30,639.00

32,380.00

34,658.00

29,647.00

22,738.00

Nissan Chemical 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															29,647.00	26,449.00	21,171.00	25,683.00	22,738.00

Nissan Chemical 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.

Nissan Chemical (TSE:4021) 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.

Nissan Chemical Cash And Cash Equivalents Related Terms

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Nissan Chemical (TSE:4021) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nissan Chemical Corp (TSE:4021) » Definitions » Cash And Cash Equivalents

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NNCHY:USA NSC:Germany

Address

7-1 Kanda Nishiki-Cho 3-chome, Chiyoda-ku, Tokyo, JPN, 101-0054

Website

http://www.nissanchem.co.jp

Nissan Chemical Industries Ltd manufactures and sells chemicals, semiconductors, and pharmaceutical products. The firm organizes itself into six segments based on product type. The Performance Materials segment, which generates the most revenue of any segment, sells resins for liquid-crystal display screens and semiconductors. The Agrochemicals segment sells herbicides, insecticides, and fungicides to the agriculture industry. The Chemicals segment sells melamine, ammonia, and fine chemical products. The Pharmaceuticals segment sells anti-cholesterol agents under the Livalo brand. The other two segments are Trading and Other. The majority of revenue comes from Japan.

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