Park24 Co (TSE:4666) Cash And Cash Equivalents : 円70,830 Mil (As of Jan. 2024)

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What is Park24 Co Cash And Cash Equivalents?

Park24 Co's quarterly cash and cash equivalents increased from Jul. 2023 (円64,760.00 Mil) to Oct. 2023 (円73,957.00 Mil) but then stayed the same from Oct. 2023 (円73,957.00 Mil) to Jan. 2024 (円70,830.00 Mil).

Park24 Co's annual cash and cash equivalents declined from Oct. 2021 (円92,044.00 Mil) to Oct. 2022 (円85,781.00 Mil) and declined from Oct. 2022 (円85,781.00 Mil) to Oct. 2023 (円73,957.00 Mil).

Park24 Co Cash And Cash Equivalents Historical Data

The historical data trend for Park24 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.

* Premium members only.

Park24 Co Cash And Cash Equivalents Chart

Park24 Co Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash And Cash Equivalents

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24,881.00

55,536.00

92,044.00

85,781.00

73,957.00

Park24 Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash And Cash Equivalents	Get a 7-Day Free Trial															84,270.00	85,614.00	64,760.00	73,957.00	70,830.00

Park24 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.

Park24 Co (TSE:4666) 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.

Park24 Co Cash And Cash Equivalents Related Terms

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Park24 Co (TSE:4666) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Park24 Co Ltd (TSE:4666) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

PKCOY:USA 5FJ:Germany

Address

2-20-4 Nishigotanda, Shinagawa-ku, Tokyo, JPN, 141-8924

Website

https://www.park24.co.jp

Park24 Co Ltd is a Japanese operator of parking facilities. The company is organised into two segments: parking business Japan, Parking Business International and mobility business. The parking business, which contributes the majority of revenue, operates fully-automated parking facilities and related services. The Parking business in international segment provides Parking facility management in overseas. The mobility business car rental services through the Times Car RENTAL brand, car sharing services through the Times Car PLUS brand, and related services. While Park 24 operates in Japan, Taiwan, and South Korea, the company earns the majority of revenue domestically.

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