A.K. Capital Services (BOM:530499) Cash, Cash Equivalents, Marketable Securities : ₹299 Mil (As of Mar. 2024)

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What is A.K. Capital Services Cash, Cash Equivalents, Marketable Securities?

A.K. Capital Services's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 (₹383.09 Mil) to Dec. 2023 (₹0.00 Mil) but then increased from Dec. 2023 (₹0.00 Mil) to Mar. 2024 (₹299.31 Mil).

A.K. Capital Services's annual cash, cash equivalents, marketable securities declined from Mar. 2022 (₹363.94 Mil) to Mar. 2023 (₹281.02 Mil) but then increased from Mar. 2023 (₹281.02 Mil) to Mar. 2024 (₹299.31 Mil).

A.K. Capital Services Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for A.K. Capital Services'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.

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A.K. Capital Services Cash, Cash Equivalents, Marketable Securities Chart

A.K. Capital Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash, Cash Equivalents, Marketable Securities

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1,014.78

167.00

363.94

281.02

299.31

A.K. Capital Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															281.02	-	383.09	-	299.31

A.K. Capital Services 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.

A.K. Capital Services (BOM:530499) 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.

A.K. Capital Services Cash, Cash Equivalents, Marketable Securities Related Terms

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A.K. Capital Services (BOM:530499) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » A.K. Capital Services Ltd (BOM:530499) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

Off CST Road, 603, 6th Floor, Windsor, Kalina, Santacruz (East), Mumbai, IND, 400 098

Website

https://www.akgroup.co.in

A.K. Capital Services Ltd is engaged in the provision of merchant banking services within India. The company operates through a single segment consisting of Investment and financial activity. The group's investment banking products and services include private placement of fixed income securities such as commercial paper, public issue of bond and non-convertible debentures, loan syndication, underwriting of debt issues, qualified institutional placements, and foreign institutional debt financing. In addition, it is involved in providing various services related to Broking & Distribution, Advisory, Financing, and Structured Products such as corporate debt restructuring, fundraising, offshore debt financing, and others.

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