Skymark Airlines (TSE:9204) Cash And Cash Equivalents : 円25,867 Mil (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Skymark Airlines Cash And Cash Equivalents?

Skymark Airlines's quarterly cash and cash equivalents increased from Jun. 2023 (円21,479.00 Mil) to Sep. 2023 (円27,278.00 Mil) but then stayed the same from Sep. 2023 (円27,278.00 Mil) to Dec. 2023 (円25,867.00 Mil).

Skymark Airlines's annual cash and cash equivalents increased from Mar. 2022 (円9,282.00 Mil) to Mar. 2023 (円22,519.00 Mil) and increased from Mar. 2023 (円22,519.00 Mil) to Mar. 2024 (円26,909.00 Mil).

Skymark Airlines Cash And Cash Equivalents Historical Data

The historical data trend for Skymark Airlines'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.

Skymark Airlines Cash And Cash Equivalents Chart

Skymark Airlines Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

Get a 7-Day Free Trial

4,839.00

13,270.00

9,282.00

22,519.00

26,909.00

Skymark Airlines Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															22,519.00	21,479.00	27,278.00	25,867.00	26,909.00

Skymark Airlines 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.

Skymark Airlines (TSE:9204) 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.

Skymark Airlines Cash And Cash Equivalents Related Terms

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

Skymark Airlines (TSE:9204) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Skymark Airlines Inc (TSE:9204) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-5-5 Haneda Airport, Ota-ku, Tokyo,, JPN, 144-00414

Website

http://www.skymark.jp

Skymark Airlines Inc is engaged in regular air transportation service business.

Skymark Airlines (TSE:9204) Headlines

No Headlines