eGuarantee (TSE:8771) Cash And Cash Equivalents

: 円13,408 Mil (As of Dec. 2023)

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eGuarantee's quarterly cash and cash equivalents increased from Jun. 2023 (円15,710.14 Mil) to Sep. 2023 (円16,503.17 Mil) but then stayed the same from Sep. 2023 (円16,503.17 Mil) to Dec. 2023 (円13,407.91 Mil).

eGuarantee's annual cash and cash equivalents increased from Mar. 2021 (円16,056.25 Mil) to Mar. 2022 (円17,295.01 Mil) and increased from Mar. 2022 (円17,295.01 Mil) to Mar. 2023 (円17,527.39 Mil).

eGuarantee Cash And Cash Equivalents Historical Data

The historical data trend for eGuarantee'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.

eGuarantee Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

9,471.84

9,232.73

16,056.25

17,295.01

17,527.39

eGuarantee 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																16,688.70	17,527.39	15,710.14	16,503.17	13,407.91

eGuarantee 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.

eGuarantee (TSE:8771) 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.

eGuarantee Cash And Cash Equivalents Related Terms

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eGuarantee (TSE:8771) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » eGuarantee Inc (TSE:8771) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Akasaka BizTower 5-3-1 Akasaka, Minato-ku, Tokyo, JPN, 107-6337

Website

http://www.eguarantee.co.jp

eGuarantee Inc provides services to undertake credit risks that arise in the various business transaction. The company's services include Guarantee services against sales credit, Guarantee services against contractor credit, Guarantee services by debtor's trust, and Guarantee services against a variety of credit.

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