Nippon Shokubai Co (TSE:4114) Cash And Cash Equivalents : 円55,129 Mil (As of Mar. 2024)

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What is Nippon Shokubai Co Cash And Cash Equivalents?

Nippon Shokubai Co's quarterly cash and cash equivalents declined from Sep. 2023 (円49,758.00 Mil) to Dec. 2023 (円46,376.00 Mil) but then increased from Dec. 2023 (円46,376.00 Mil) to Mar. 2024 (円55,129.00 Mil).

Nippon Shokubai Co's annual cash and cash equivalents declined from Mar. 2022 (円39,363.00 Mil) to Mar. 2023 (円39,035.00 Mil) but then increased from Mar. 2023 (円39,035.00 Mil) to Mar. 2024 (円55,129.00 Mil).

Nippon Shokubai Co Cash And Cash Equivalents Historical Data

The historical data trend for Nippon Shokubai Co'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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Nippon Shokubai Co Cash And Cash Equivalents Chart

Nippon Shokubai Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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43,869.00

36,341.00

39,363.00

39,035.00

55,129.00

Nippon Shokubai Co 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															39,035.00	38,938.00	49,758.00	46,376.00	55,129.00

Nippon Shokubai Co 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.

Nippon Shokubai Co (TSE:4114) 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.

Nippon Shokubai Co Cash And Cash Equivalents Related Terms

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Nippon Shokubai Co (TSE:4114) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Shokubai Co Ltd (TSE:4114) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

NSHKF:USA

Address

4-1-1, Koraibashi, Kogin Building, Chuo-ku, Osaka, JPN

Website

http://www.shokubai.co.jp

Nippon Shokubai Co Ltd manufactures and sells a variety of chemicals, catalysts, and chemical-based products. The firm organizes itself into three segments based on product type. The functional chemicals segment, which generates the majority of revenue, sells polymers for concrete mixtures, acrylates used in detergents, and resins for paints and processed adhesive products. The basic chemicals segment sells ethylene oxide and ethylene glycol used in polyester fibers and plastic beverage containers. The environment and catalysts segment sells catalysts used for automotive products and lithium-ion battery production. The majority of revenue comes from Asia.

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