Econavista (TSE:5585) Cash, Cash Equivalents, Marketable Securities : 円2,330.7 Mil (As of Jan. 2024)

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What is Econavista Cash, Cash Equivalents, Marketable Securities?

Econavista's quarterly cash, cash equivalents, marketable securities increased from Jul. 2023 (円2,263.54 Mil) to Oct. 2023 (円2,554.97 Mil) but then stayed the same from Oct. 2023 (円2,554.97 Mil) to Jan. 2024 (円2,330.74 Mil).

Econavista's annual cash, cash equivalents, marketable securities increased from Oct. 2021 (円499.36 Mil) to Oct. 2022 (円710.05 Mil) and increased from Oct. 2022 (円710.05 Mil) to Oct. 2023 (円2,554.97 Mil).

Econavista Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Econavista'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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Econavista Cash, Cash Equivalents, Marketable Securities Chart

Econavista Annual Data

Trend

Oct21

Oct22

Oct23

Cash, Cash Equivalents, Marketable Securities

499.36

710.05

2,554.97

Econavista Quarterly Data
	Oct21	Oct22	Apr23	Jul23	Oct23	Jan24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			710.05	1,140.73	2,263.54	2,554.97	2,330.74

Econavista 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.

Econavista (TSE:5585) 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.

Econavista Cash, Cash Equivalents, Marketable Securities Related Terms

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Econavista (TSE:5585) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Econavista Inc (TSE:5585) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

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Address

3-1 Kioicho, KKD Building 6 Floor, Chiyoda-ku, Tokyo, JPN, 102-0094

Website

https://www.econavista.com

Econavista Inc is engaged in the Development of AI for predicting health status transition through sleep analysis technology and its application to solve social challenges, such as its AI-backed services of Life Rhythm Navi. It automatically records your daily living conditions (life rhythm) and works with specialized medical institutions to visualize the signs of dementia and diseases that are common among the elderly (heat stroke, sleep disorders, etc.). It is a monitoring system to prevent sudden changes in physical conditions and accidents in preventive medicine.

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