ITD Cementation India (BOM:509496) Cash And Cash Equivalents : ₹6,088 Mil (As of Mar. 2024)

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What is ITD Cementation India Cash And Cash Equivalents?

ITD Cementation India's quarterly cash and cash equivalents declined from Sep. 2023 (₹2,905.07 Mil) to Dec. 2023 (₹0.00 Mil) but then increased from Dec. 2023 (₹0.00 Mil) to Mar. 2024 (₹6,087.75 Mil).

ITD Cementation India's annual cash and cash equivalents increased from Mar. 2022 (₹3,856.03 Mil) to Mar. 2023 (₹4,463.11 Mil) and increased from Mar. 2023 (₹4,463.11 Mil) to Mar. 2024 (₹6,087.75 Mil).

ITD Cementation India Cash And Cash Equivalents Historical Data

The historical data trend for ITD Cementation India'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.

ITD Cementation India Cash And Cash Equivalents Chart

ITD Cementation India Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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2,369.00

1,273.31

3,856.03

4,463.11

6,087.75

ITD Cementation India 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															4,463.11	-	2,905.07	-	6,087.75

ITD Cementation India 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.

ITD Cementation India (BOM:509496) 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.

ITD Cementation India Cash And Cash Equivalents Related Terms

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ITD Cementation India (BOM:509496) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ITD Cementation India Ltd (BOM:509496) » Definitions » Cash And Cash Equivalents

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ITDCEM:India

Address

Gate No. 5, Saki Vihar Road, 9th Floor, Prima Bay, Tower - B, Powai, Mumbai, MH, IND, 400072

Website

https://www.itdcem.co.in

ITD Cementation India Ltd is an India-based company involved in construction and civil engineering. It is engaged in the construction of a range of structures, which include maritime structures, mass rapid transport systems (MRTS), dams and tunnels, airports, highways, bridges and flyovers, and other foundations and specialist engineering work. The company's revenue comes from construction and civil engineering activities. The company's operational areas include maritime structures, such as the construction of jetties, dolphins, quays, berths on concrete and steel piles, ship lift, dry dock, wet basic and service platforms, dredging, and reclamation works for ports, and construction of ship lift and among others.

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