Macpower CNC Machines (NSE:MACPOWER) Cash And Cash Equivalents : ₹114 Mil (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Macpower CNC Machines Cash And Cash Equivalents?

Macpower CNC Machines's quarterly cash and cash equivalents declined from Sep. 2023 (₹159.60 Mil) to Dec. 2023 (₹0.00 Mil) but then increased from Dec. 2023 (₹0.00 Mil) to Mar. 2024 (₹114.30 Mil).

Macpower CNC Machines's annual cash and cash equivalents declined from Mar. 2022 (₹69.90 Mil) to Mar. 2023 (₹38.20 Mil) but then increased from Mar. 2023 (₹38.20 Mil) to Mar. 2024 (₹114.30 Mil).

Macpower CNC Machines Cash And Cash Equivalents Historical Data

The historical data trend for Macpower CNC Machines'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.

Macpower CNC Machines Cash And Cash Equivalents Chart

Macpower CNC Machines Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

Get a 7-Day Free Trial

21.80

44.44

69.90

38.20

114.30

Macpower CNC Machines Quarterly Data
	Sep18	Mar19	Sep19	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															38.20	-	159.60	-	114.30

Macpower CNC Machines 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.

Macpower CNC Machines (NSE:MACPOWER) 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.

Macpower CNC Machines Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Macpower CNC Machines's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Macpower CNC Machines (NSE:MACPOWER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Macpower CNC Machines Ltd (NSE:MACPOWER) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Near Krnati Gate, Plot No. 2234, GIDC Metoda, Talu-Lodhika District, Rajkot, GJ, IND, 360021

Website

https://www.macpowercnc.com

Macpower CNC Machines Ltd is engaged in the manufacture of Computer numerical control (CNC) Turning Centers; Vertical Machining Centers, Horizontal Machining Centers, Cylindrical Grinder, Vertical Turret Lathe, Turn Mill Centers, Drill Tap Center, Twin Spindle VMC, and Multi-Tasking 5-axis along with sub-spindle. It also offers Robotic Automation integrated with CNC machines to cope with the demand for technology-driven machining excellence.

Macpower CNC Machines (NSE:MACPOWER) Headlines

No Headlines