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Torrent Power (BOM:532779) Cash, Cash Equivalents, Marketable Securities : ₹0 Mil (As of Dec. 2023)


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What is Torrent Power Cash, Cash Equivalents, Marketable Securities?

Torrent Power's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 (₹0.00 Mil) to Sep. 2023 (₹50,928.50 Mil) but then stayed the same from Sep. 2023 (₹50,928.50 Mil) to Dec. 2023 (₹0.00 Mil).

Torrent Power's annual cash, cash equivalents, marketable securities increased from Mar. 2021 (₹5,339.10 Mil) to Mar. 2022 (₹6,818.70 Mil) and increased from Mar. 2022 (₹6,818.70 Mil) to Mar. 2023 (₹10,885.70 Mil).


Torrent Power Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Torrent Power'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.

Torrent Power Cash, Cash Equivalents, Marketable Securities Chart

Torrent Power Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash, Cash Equivalents, Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,784.20 7,774.90 5,339.10 6,818.70 10,885.70

Torrent Power Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 10,885.70 - 50,928.50 -

Torrent Power 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.


Torrent Power  (BOM:532779) 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.


Torrent Power Cash, Cash Equivalents, Marketable Securities Related Terms

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Torrent Power (BOM:532779) Business Description

Traded in Other Exchanges
Address
Samanvay, 600, Tapovan, Ambawadi, Ahmedabad, GJ, IND, 380015
Torrent Power Ltd is an Indian utility company engaged in the business of power generation, transmission, and distribution. Both by itself and through its subsidiaries, Torrent Power operates a portfolio of gas, combined cycle, coal, wind, and solar power plants. The company's gas-fired facilities constitute most of its energy-producing capacity. Torrent Power generates the vast majority of its revenue from the supply of power generated by its facilities and transmitted through its power grids to areas of Western and Northern India. Its sales are fairly evenly divided among residential, commercial, low tension and high tension consumers. The low tension customer class would include smaller manufacturing units, while high tension would be composed of heavier industrial entities.

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