Niterra Co (TSE:5334) Cash And Cash Equivalents : 円180,684 Mil (As of Mar. 2024)

View and export this data going back to 1949. Start your Free Trial

What is Niterra Co Cash And Cash Equivalents?

Niterra Co's quarterly cash and cash equivalents declined from Sep. 2023 (円167,612.00 Mil) to Dec. 2023 (円161,472.00 Mil) but then increased from Dec. 2023 (円161,472.00 Mil) to Mar. 2024 (円180,684.00 Mil).

Niterra Co's annual cash and cash equivalents increased from Mar. 2022 (円172,585.00 Mil) to Mar. 2023 (円201,628.00 Mil) but then declined from Mar. 2023 (円201,628.00 Mil) to Mar. 2024 (円180,684.00 Mil).

Niterra Co Cash And Cash Equivalents Historical Data

The historical data trend for Niterra 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.

Niterra Co Cash And Cash Equivalents Chart

Niterra Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

Get a 7-Day Free Trial

86,092.00

139,520.00

172,585.00

201,628.00

180,684.00

Niterra Co 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															201,628.00	195,275.00	167,612.00	161,472.00	180,684.00

Niterra 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.

Niterra Co (TSE:5334) 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.

Niterra Co Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Niterra Co's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Niterra Co (TSE:5334) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Niterra Co Ltd (TSE:5334) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

NGK:Germany

Address

14-18, Takatsuji-cho, Mizuho-ku, Nagoya, JPN, 467-8525

Website

http://www.ngkntk.co.jp

Niterra Co Ltd is a producer of spark plugs for internal combustion engines in the automotive industry and various ceramic products and tools. Under its two brands NGK Spark Plugs and NTK Technical Ceramics, the company produces spark plugs, glow plugs, sensors, semiconductor packages, cutting tools, medical products, and fine ceramics. NGK's largest end markets are Asia including Japan, North America, and Europe. The company produces in Japan and Brazil, while subsidiaries across the globe assemble and sell parts in their respective regions. The automotive components division generates the lion's share of sales for NGK Spark Plug.

Niterra Co (TSE:5334) Headlines

No Headlines