Asahi Kasei (TSE:3407) Cash And Cash Equivalents : 円338,108 Mil (As of Mar. 2024)

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What is Asahi Kasei Cash And Cash Equivalents?

Asahi Kasei's quarterly cash and cash equivalents increased from Sep. 2023 (円279,255.00 Mil) to Dec. 2023 (円358,137.00 Mil) but then stayed the same from Dec. 2023 (円358,137.00 Mil) to Mar. 2024 (円338,108.00 Mil).

Asahi Kasei's annual cash and cash equivalents increased from Mar. 2022 (円244,641.00 Mil) to Mar. 2023 (円251,181.00 Mil) and increased from Mar. 2023 (円251,181.00 Mil) to Mar. 2024 (円338,108.00 Mil).

Asahi Kasei Cash And Cash Equivalents Historical Data

The historical data trend for Asahi Kasei'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.

Asahi Kasei Cash And Cash Equivalents Chart

Asahi Kasei Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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207,957.00

221,779.00

244,641.00

251,181.00

338,108.00

Asahi Kasei 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															251,181.00	307,924.00	279,255.00	358,137.00	338,108.00

Asahi Kasei 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.

Asahi Kasei (TSE:3407) 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.

Asahi Kasei Cash And Cash Equivalents Related Terms

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Asahi Kasei (TSE:3407) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Asahi Kasei Corp (TSE:3407) » Definitions » Cash And Cash Equivalents

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AHKSY:USA AHKSF:USA ASAA:Germany

Address

1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, JPN, 101-8101

Website

http://www.asahi-kasei.co.jp

Asahi Kasei Corp is a holding company that, through its subsidiaries, sells a variety of products and services. The firm is organized into four segments based on product or service. The chemicals and fibers segment, which generates the most revenue of any segment, sells ammonia-based products including plastic compounds and cellulose fiber. The homes and construction segment builds residential houses and sells thermal insulation. The electronics segment sells components for mobile phones including electronic compasses and lithium-ion battery separators. The healthcare segment sells medical devices including blood purification, blood transfusion, and bioprocess products. The majority of revenue comes from Japan.

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