V-Guard Industries (NSE:VGUARD) Cash And Cash Equivalents : ₹475 Mil (As of Mar. 2024)

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What is V-Guard Industries Cash And Cash Equivalents?

V-Guard Industries's quarterly cash and cash equivalents declined from Sep. 2023 (₹895.60 Mil) to Dec. 2023 (₹0.00 Mil) but then increased from Dec. 2023 (₹0.00 Mil) to Mar. 2024 (₹474.50 Mil).

V-Guard Industries's annual cash and cash equivalents declined from Mar. 2022 (₹607.97 Mil) to Mar. 2023 (₹395.42 Mil) but then increased from Mar. 2023 (₹395.42 Mil) to Mar. 2024 (₹474.50 Mil).

V-Guard Industries Cash And Cash Equivalents Historical Data

The historical data trend for V-Guard 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.

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V-Guard Industries Cash And Cash Equivalents Chart

V-Guard Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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234.32

2,807.69

607.97

395.42

474.50

V-Guard Industries 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															395.42	-	895.60	-	474.50

V-Guard 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.

V-Guard Industries (NSE:VGUARD) 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.

V-Guard Industries Cash And Cash Equivalents Related Terms

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V-Guard Industries (NSE:VGUARD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » V-Guard Industries Ltd (NSE:VGUARD) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

532953:India

Address

42/962, Vennala High School Road, Vennala, Ernakulam, KL, IND, 682028

Website

https://www.vguard.in

V-Guard Industries Ltd is an India-based consumer electrical company. It is involved in the manufacturing, trading, and selling of consumer electrical products. Its business segments are Electronics, Electricals and Consumer Durables. It derives a majority of the revenue from the Electricals segment which includes products such as PVC Insulated Cables, Switch Gears, Single Phase Pumps, Three Phase Pumps, and Modular Switches. The Electronics segment covers products like voltage stabilizers, digital UPS, and UPS. The Consumer Durables segment includes solar water heaters and solar inverters. Geographically, the company has operations in India and internationally, of which key revenue is generated within India.

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