Indosolar (BOM:533257) Cash And Cash Equivalents : ₹9.29 Mil (As of Mar. 2024)

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What is Indosolar Cash And Cash Equivalents?

Indosolar's quarterly cash and cash equivalents declined from Sep. 2023 (₹8.55 Mil) to Dec. 2023 (₹0.00 Mil) but then increased from Dec. 2023 (₹0.00 Mil) to Mar. 2024 (₹9.29 Mil).

Indosolar's annual cash and cash equivalents increased from Mar. 2022 (₹2.48 Mil) to Mar. 2023 (₹8.59 Mil) and increased from Mar. 2023 (₹8.59 Mil) to Mar. 2024 (₹9.29 Mil).

Indosolar Cash And Cash Equivalents Historical Data

The historical data trend for Indosolar'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.

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Indosolar Cash And Cash Equivalents Chart

Indosolar Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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17.07

0.13

2.48

8.59

9.29

Indosolar Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															8.59	-	8.55	-	9.29

Indosolar 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.

Indosolar (BOM:533257) 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.

Indosolar Cash And Cash Equivalents Related Terms

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Indosolar (BOM:533257) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Indosolar Ltd (BOM:533257) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

3C/1, Ecotech - II, Udyog Vihar, Greater Noida, UP, IND, 201306

Website

http://www.indosolar.co.in

Indosolar Ltd is engaged in the manufacturing of solar photovoltaic cells. The business operates in one business segment that is the Manufacture of Solar Cells and Modules. Its product line consists of multi-crystalline and mono-crystalline cells, various types of modules, and various solar solutions. The company's solution consists of residential rooftop systems for home consumers, solar street lighting solutions, engineering, design, and construction for grid-connected commercial and industrial solutions, and turnkey utility-scale installation services. The finished goods generate maximum revenue for the company.

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