JINS Holdings (TSE:3046) Cash And Cash Equivalents : 円13,203 Mil (As of Feb. 2024)

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What is JINS Holdings Cash And Cash Equivalents?

JINS Holdings's quarterly cash and cash equivalents declined from Aug. 2023 (円12,202.00 Mil) to Nov. 2023 (円11,844.00 Mil) but then increased from Nov. 2023 (円11,844.00 Mil) to Feb. 2024 (円13,203.00 Mil).

JINS Holdings's annual cash and cash equivalents declined from Aug. 2021 (円23,206.00 Mil) to Aug. 2022 (円21,430.00 Mil) and declined from Aug. 2022 (円21,430.00 Mil) to Aug. 2023 (円12,202.00 Mil).

JINS Holdings Cash And Cash Equivalents Historical Data

The historical data trend for JINS Holdings'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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JINS Holdings Cash And Cash Equivalents Chart

JINS Holdings Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash And Cash Equivalents

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8,479.00

24,667.00

23,206.00

21,430.00

12,202.00

JINS Holdings Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash And Cash Equivalents	Get a 7-Day Free Trial															8,327.00	9,182.00	12,202.00	11,844.00	13,203.00

JINS Holdings 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.

JINS Holdings (TSE:3046) 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.

JINS Holdings Cash And Cash Equivalents Related Terms

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JINS Holdings (TSE:3046) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » JINS Holdings Inc (TSE:3046) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

5F3:Germany

Address

2-10-2 Fujimi, Iidabashi Grand Broom, 30th Floor, Chiyoda-ku, Tokyo, JPN, 102-0071

Website

https://jinsholdings.com

JINS Holdings Inc is an eye wear retailer that manufactures and sells private-label fashion eyeglasses and sunglasses. It offers prescription eyeglasses and nonprescription fashion or functional eyeglasses. Its inventory is on the shelves, and it charges flat rates with generally no additional charges or options for lens features. Jin has more than 300 stores in Japan as well as locations in China, Taiwan, and the United States. Stores are typically located in high-traffic areas such as shopping centers, malls, and train stations.

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