Aeroflex Industries (NSE:AEROFLEX) Cash And Cash Equivalents : ₹765 Mil (As of Mar. 2024)

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What is Aeroflex Industries Cash And Cash Equivalents?

Aeroflex Industries's quarterly cash and cash equivalents increased from Mar. 2023 (₹61.32 Mil) to Sep. 2023 (₹213.11 Mil) and increased from Sep. 2023 (₹213.11 Mil) to Mar. 2024 (₹765.00 Mil).

Aeroflex Industries's annual cash and cash equivalents declined from Mar. 2022 (₹82.05 Mil) to Mar. 2023 (₹61.32 Mil) but then increased from Mar. 2023 (₹61.32 Mil) to Mar. 2024 (₹765.00 Mil).

Aeroflex Industries Cash And Cash Equivalents Historical Data

The historical data trend for Aeroflex Industries'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.

Aeroflex Industries Cash And Cash Equivalents Chart

Aeroflex Industries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

47.34

34.77

82.05

61.32

765.00

Aeroflex Industries Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial			82.05	-	61.32	213.11	765.00

Aeroflex Industries 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.

Aeroflex Industries (NSE:AEROFLEX) 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.

Aeroflex Industries Cash And Cash Equivalents Related Terms

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Aeroflex Industries (NSE:AEROFLEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aeroflex Industries Ltd (NSE:AEROFLEX) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

543972:India

Address

Plot No. 41, 42/13, 42/14 & 42/18, Village Chal, Behind IGPL, near Taloja MIDC, Panvel, Navi Mumbai, MH, IND, 410 208

Website

https://www.aeroflexindia.com

Aeroflex Industries Ltd is a manufacturer and supplier of environment-friendly metallic flexible flow solution products catering to global as well as domestic markets. It supply products to a wide spectrum of industries for the controlled flow of all forms of substances including air, liquid, and solid, Solution products are required in fire sprinklers, gas supply, the flow of air (conditioned/controlled) in aircraft, fueling and hydraulics in aircraft. The company exports its products to more than 80 countries including Europe, the USA and others.

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