Ion Exchange (India) (BOM:500214) Cash, Cash Equivalents, Marketable Securities : ₹3,393 Mil (As of Mar. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Ion Exchange (India) Cash, Cash Equivalents, Marketable Securities?

Ion Exchange (India)'s quarterly cash, cash equivalents, marketable securities declined from Mar. 2021 (₹3,375.93 Mil) to Mar. 2022 (₹2,960.66 Mil) but then increased from Mar. 2022 (₹2,960.66 Mil) to Mar. 2023 (₹3,393.04 Mil).

Ion Exchange (India)'s annual cash, cash equivalents, marketable securities declined from Mar. 2021 (₹3,375.93 Mil) to Mar. 2022 (₹2,960.66 Mil) but then increased from Mar. 2022 (₹2,960.66 Mil) to Mar. 2023 (₹3,393.04 Mil).

Ion Exchange (India) Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Ion Exchange (India)'s Cash, Cash Equivalents, Marketable Securities 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.

Ion Exchange (India) Cash, Cash Equivalents, Marketable Securities Chart

Ion Exchange (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

1,241.38

1,473.39

3,375.93

2,960.66

3,393.04

Ion Exchange (India) Semi-Annual Data
	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial									1,241.38	1,473.39	3,375.93	2,960.66	3,393.04

Ion Exchange (India) Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Ion Exchange (India) (BOM:500214) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Ion Exchange (India) Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Ion Exchange (India)'s Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Ion Exchange (India) (BOM:500214) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ion Exchange (India) Ltd (BOM:500214) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

IONEXCHANG:India

Address

Dr. E. Moses Road, Ion House, Mahalaxmi, Mumbai, MH, IND, 400011

Website

https://www.ionindia.com

Ion Exchange (India) Ltd is a water solution provider. The principal activities of the company consist of the construction and maintenance of water treatment plants, wastewater treatment, manufacturing resins, specialty chemicals for water, recycling, zero liquid discharge, sewage treatment, packaged drinking water, sea water desalination, etc. The company operates its business through the Engineering division, which is a key revenue driver that comprises water treatment plants, spares, and services in connection with the plants; the Chemicals segment consists of resins, water treatment chemicals, sugar chemicals, and paper chemicals; and the Consumer Products segment comprises domestic water purifiers. The company caters to both domestic and international markets.

Ion Exchange (India) (BOM:500214) Headlines

No Headlines