THK Co (TSE:6481) Cash And Cash Equivalents : 円148,563 Mil (As of Mar. 2024)

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What is THK Co Cash And Cash Equivalents?

THK Co's quarterly cash and cash equivalents increased from Sep. 2023 (円147,053.00 Mil) to Dec. 2023 (円156,486.00 Mil) but then stayed the same from Dec. 2023 (円156,486.00 Mil) to Mar. 2024 (円148,563.00 Mil).

THK Co's annual cash and cash equivalents increased from Dec. 2021 (円151,430.00 Mil) to Dec. 2022 (円163,835.00 Mil) but then declined from Dec. 2022 (円163,835.00 Mil) to Dec. 2023 (円156,486.00 Mil).

THK Co Cash And Cash Equivalents Historical Data

The historical data trend for THK 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.

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THK Co Cash And Cash Equivalents Chart

THK Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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149,091.00

158,839.00

151,430.00

163,835.00

156,486.00

THK 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															143,605.00	159,641.00	147,053.00	156,486.00	148,563.00

THK 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.

THK Co (TSE:6481) 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.

THK Co Cash And Cash Equivalents Related Terms

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THK Co (TSE:6481) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » THK Co Ltd (TSE:6481) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

THKLY:USA 1TK:Germany

Address

3-11-6, Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-8503

Website

http://www.thk.com

THK Co Ltd is a Japan-based company that primarily manufactures machinery parts, including linear motion guides and ball screws, and transportation-equipment-related parts. The company operates through two segments. The industrial machinery segment provides products that are essential components in the production of machine tools and semiconductor production equipment. This segment also manufactures and sells electric actuators and unit products. The automotive and transportation segment develops and provides automotive components that support vehicles' basic functions. The company generates the majority of its revenue from the Japanese domestic market.

THK Co (TSE:6481) Headlines

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