Azbil (TSE:6845) Cash And Cash Equivalents : 円56,913 Mil (As of Dec. 2023)

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What is Azbil Cash And Cash Equivalents?

Azbil's quarterly cash and cash equivalents declined from Jun. 2023 (円55,142.00 Mil) to Sep. 2023 (円53,006.00 Mil) but then increased from Sep. 2023 (円53,006.00 Mil) to Dec. 2023 (円56,913.00 Mil).

Azbil's annual cash and cash equivalents declined from Mar. 2021 (円68,511.00 Mil) to Mar. 2022 (円58,954.00 Mil) but then increased from Mar. 2022 (円58,954.00 Mil) to Mar. 2023 (円62,006.00 Mil).

Azbil Cash And Cash Equivalents Historical Data

The historical data trend for Azbil'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.

Azbil Cash And Cash Equivalents Chart

Azbil Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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46,457.00

57,750.00

68,511.00

58,954.00

62,006.00

Azbil 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															45,670.00	62,006.00	55,142.00	53,006.00	56,913.00

Azbil 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.

Azbil (TSE:6845) 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.

Azbil Cash And Cash Equivalents Related Terms

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Azbil (TSE:6845) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Azbil Corp (TSE:6845) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

YMK:Germany

Address

2-7-3 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6419

Website

http://www.azbil.com

Azbil Corp is a Japan-based company that primarily operates through three segments. The building automation segment designs and manufactures building automation products, which include application software, controllers, valves, sensors, and others. This segment also provides engineering, maintenance, energy-saving, and facility management services. The advanced automation segment provides products, solutions, and engineering and maintenance services to help plants improve efficiency. The life automation segment is involved in utilities serviced, pharmaceutical and medical fields, life sciences research, and others. The company generates the majority of its revenue from the Japanese domestic market.

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