Asahi Yukizai (TSE:4216) Cash And Cash Equivalents : 円16,105 Mil (As of Dec. 2023)

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What is Asahi Yukizai Cash And Cash Equivalents?

Asahi Yukizai's quarterly cash and cash equivalents increased from Jun. 2023 (円14,466.00 Mil) to Sep. 2023 (円14,810.00 Mil) and increased from Sep. 2023 (円14,810.00 Mil) to Dec. 2023 (円16,105.00 Mil).

Asahi Yukizai's annual cash and cash equivalents declined from Mar. 2022 (円14,311.00 Mil) to Mar. 2023 (円13,928.00 Mil) but then increased from Mar. 2023 (円13,928.00 Mil) to Mar. 2024 (円18,761.00 Mil).

Asahi Yukizai Cash And Cash Equivalents Historical Data

The historical data trend for Asahi Yukizai'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 Yukizai Cash And Cash Equivalents Chart

Asahi Yukizai Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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10,232.00

10,398.00

14,311.00

13,928.00

18,761.00

Asahi Yukizai 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															13,928.00	14,466.00	14,810.00	16,105.00	18,761.00

Asahi Yukizai 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 Yukizai (TSE:4216) 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 Yukizai Cash And Cash Equivalents Related Terms

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Asahi Yukizai (TSE:4216) Business Description

Industry

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Traded in Other Exchanges

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Address

20th Floor, World Trade Center Building, 4-1 Hamamatsu-Cho 2-Chome, Minato-Ku, Tokyo, JPN, 105-6120

Website

http://www.asahi-yukizai.co.jp

Asahi Yukizai Corp engages in the manufacture and sale of industrial resins and piping materials. The firm offers synthetic resin piping material for valves, pipes, fittings, and other locations, as well as the Dymatrix high-performance synthetic resin piping material for LCD- and semiconductor-related systems; and foundry materials and functional resins for casting, molding materials, high functional materials, and others. It also engages in the development and supply of water and thermal resources, including well drilling and geothermal exploitation, and hot spring exploitation; design and construction of water utility facilities and reuse of wastewater; industrial water and wastewater treatment; and provision of public sewage facilities.

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