Fuyo General Lease Co (TSE:8424) Cash And Cash Equivalents : 円60,135 Mil (As of Dec. 2023)

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What is Fuyo General Lease Co Cash And Cash Equivalents?

Fuyo General Lease Co's quarterly cash and cash equivalents declined from Jun. 2023 (円123,359.00 Mil) to Sep. 2023 (円116,645.00 Mil) but then stayed the same from Sep. 2023 (円116,645.00 Mil) to Dec. 2023 (円60,135.00 Mil).

Fuyo General Lease Co's annual cash and cash equivalents increased from Mar. 2022 (円72,157.00 Mil) to Mar. 2023 (円121,227.00 Mil) and increased from Mar. 2023 (円121,227.00 Mil) to Mar. 2024 (円140,804.00 Mil).

Fuyo General Lease Co Cash And Cash Equivalents Historical Data

The historical data trend for Fuyo General Lease 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.

Fuyo General Lease Co Cash And Cash Equivalents Chart

Fuyo General Lease Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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77,436.00

98,926.00

72,157.00

121,227.00

140,804.00

Fuyo General Lease 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															121,227.00	123,359.00	116,645.00	60,135.00	140,804.00

Fuyo General Lease 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.

Fuyo General Lease Co (TSE:8424) 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.

Fuyo General Lease Co Cash And Cash Equivalents Related Terms

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Fuyo General Lease Co (TSE:8424) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Fuyo General Lease Co Ltd (TSE:8424) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

FXL:Germany

Address

Nichirei Building, 3-3-23, Misaki-cho, Chiyoda-ku, Tokyo, JPN, 1018380

Website

http://www.fgl.co.jp

Fuyo General Lease Co Ltd is Japanese company which is engaged in leasing and installment transactions for machinery and equipment and financial transactions such as the provision of operating loans. The company focuses on using direct and indirect financing to procure funds for purchasing assets to lease or to sell through installment sales and for providing operating loans to customers. It has three reportable segments namely Lease and Installment Sales segment conducts leasing office equipment, industrial machinery and sells commercial equipment, production facilities, medical devices, and other assets on an installment basis; Loans segment which is engaged in commercial lending; and Other segment which invests in marketable securities.

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