Tokyo Gas Co (Tokyo Gas Co) Cash And Cash Equivalents : $1,652 Mil (As of Dec. 2023)

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What is Tokyo Gas Co Cash And Cash Equivalents?

Tokyo Gas Co's quarterly cash and cash equivalents declined from Jun. 2023 ($3,071.00 Mil) to Sep. 2023 ($2,968.64 Mil) but then stayed the same from Sep. 2023 ($2,968.64 Mil) to Dec. 2023 ($1,651.62 Mil).

Tokyo Gas Co's annual cash and cash equivalents increased from Mar. 2022 ($1,516.05 Mil) to Mar. 2023 ($3,392.84 Mil) but then declined from Mar. 2023 ($3,392.84 Mil) to Mar. 2024 ($2,429.24 Mil).

Tokyo Gas Co Cash And Cash Equivalents Historical Data

The historical data trend for Tokyo Gas Co'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.

Tokyo Gas Co Cash And Cash Equivalents Chart

Tokyo Gas Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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1,405.14

1,452.46

1,516.05

3,392.84

2,429.24

Tokyo Gas Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															3,392.84	3,071.00	2,968.64	1,651.62	2,429.24

Tokyo Gas Co 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.

Tokyo Gas Co (OTCPK:TKGSF) 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.

Tokyo Gas Co Cash And Cash Equivalents Related Terms

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Tokyo Gas Co (Tokyo Gas Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Tokyo Gas Co Ltd (OTCPK:TKGSF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

TKGSY:USA 9531:Japan TOG:Germany

Address

1-5-20 Kaigan Minato-ku, Tokyo, JPN, 105-8527

Website

http://www.tokyo-gas.co.jp

Tokyo Gas Co Ltd is a Japanese utility company involved in the production, generation, and supply of natural gas and electricity. Tokyo Gas segments its operations into Gas, Electric Power, Overseas, and Other business units. The company's Gas division generates the vast majority of its total revenue through the supply and sale of natural gas to, namely, the Tokyo metropolitan area and other Japanese urban areas. Tokyo Gas' supply of natural gas is fairly evenly distributed amongst residential, commercial, industrial, and power generation customers. The company's Electric Power business also represents a significant income stream. This division operates a portfolio of cogeneration and natural gas-fired thermal power plants primarily located in the Tokyo area.

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