Seiryo Electric (TSE:4341) Cash And Cash Equivalents : 円1,094 Mil (As of Dec. 2023)

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What is Seiryo Electric Cash And Cash Equivalents?

Seiryo Electric's quarterly cash and cash equivalents declined from Jun. 2023 (円899.00 Mil) to Sep. 2023 (円721.00 Mil) but then increased from Sep. 2023 (円721.00 Mil) to Dec. 2023 (円1,094.00 Mil).

Seiryo Electric's annual cash and cash equivalents increased from Mar. 2021 (円929.00 Mil) to Mar. 2022 (円1,278.00 Mil) but then declined from Mar. 2022 (円1,278.00 Mil) to Mar. 2023 (円975.00 Mil).

Seiryo Electric Cash And Cash Equivalents Historical Data

The historical data trend for Seiryo Electric'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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Seiryo Electric Cash And Cash Equivalents Chart

Seiryo Electric Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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1,103.00

1,093.00

929.00

1,278.00

975.00

Seiryo Electric 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															1,155.00	975.00	899.00	721.00	1,094.00

Seiryo Electric 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.

Seiryo Electric (TSE:4341) 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.

Seiryo Electric Cash And Cash Equivalents Related Terms

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Seiryo Electric (TSE:4341) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Seiryo Electric Corp (TSE:4341) » Definitions » Cash And Cash Equivalents

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Address

2-4-27, Dojima, Kita-ku, Shinfujita Building, Osaka, JPN, 530-0003

Website

http://www.seiryodenki.co.jp

Seiryo Electric Corp sales and maintains information communications products equipped with visual aids, such as traffic monitoring systems and meteorological observation instruments. Its system solutions include Radio system and Tracking management solution which is designed to monitor in real-time critical information from surveillance systems like live videos from CCTV, and warning notifications can be shown on digital signage system and issued for preventive actions. It also provides consulting, designing and operations of systems.

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