SMC (SMECF) Cash And Cash Equivalents : $3,652 Mil (As of Dec. 2023)

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What is SMC Cash And Cash Equivalents?

SMC's quarterly cash and cash equivalents declined from Jun. 2023 ($4,003.58 Mil) to Sep. 2023 ($3,952.82 Mil) but then stayed the same from Sep. 2023 ($3,952.82 Mil) to Dec. 2023 ($3,652.46 Mil).

SMC's annual cash and cash equivalents declined from Mar. 2021 ($5,789.29 Mil) to Mar. 2022 ($5,775.42 Mil) and declined from Mar. 2022 ($5,775.42 Mil) to Mar. 2023 ($4,515.57 Mil).

SMC Cash And Cash Equivalents Historical Data

The historical data trend for SMC'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.

SMC Cash And Cash Equivalents Chart

SMC Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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4,675.09

5,092.64

5,789.29

5,775.42

4,515.57

SMC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															4,513.93	4,515.57	4,003.58	3,952.82	3,652.46

SMC 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.

SMC (OTCPK:SMECF) 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.

SMC Cash And Cash Equivalents Related Terms

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SMC (SMECF) Business Description

Industry

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Traded in Other Exchanges

SMCAY:USA 6273:Japan QMC:Germany

Address

4-14-1, Soto-Kanda, Chiyoda-ku, Tokyo, JPN, 101-0021

Website

http://www.smcworld.com

SMC Corp (domiciled in Japan) manufactures automatic control and filtration equipment. Its filters, valves, cylinders, and actuators are sold to customers in various industrial markets, and contribute to automated operations. The company has two reportable business segments: automatic control equipment (majority of total revenues), and others. SMC operates several production facilities, sales offices, and technical development centers to construct various components and streamline the process. Asia accounts for majority of total sales, but the company does utilize offices in the United States, Europe, and other regions of the world. It works to meet the rules and needs of foreign countries to ensure its products can be accepted in differentiated markets.

SMC (SMECF) Headlines

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