Mitsuboshi Belting (TSE:5192) Cash And Cash Equivalents : 円32,292 Mil (As of Dec. 2023)

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What is Mitsuboshi Belting Cash And Cash Equivalents?

Mitsuboshi Belting's quarterly cash and cash equivalents increased from Jun. 2023 (円34,772.00 Mil) to Sep. 2023 (円35,878.00 Mil) but then stayed the same from Sep. 2023 (円35,878.00 Mil) to Dec. 2023 (円32,292.00 Mil).

Mitsuboshi Belting's annual cash and cash equivalents increased from Mar. 2021 (円33,771.00 Mil) to Mar. 2022 (円34,708.00 Mil) and increased from Mar. 2022 (円34,708.00 Mil) to Mar. 2023 (円35,307.00 Mil).

Mitsuboshi Belting Cash And Cash Equivalents Historical Data

The historical data trend for Mitsuboshi Belting'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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Mitsuboshi Belting Cash And Cash Equivalents Chart

Mitsuboshi Belting Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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34,789.00

31,360.00

33,771.00

34,708.00

35,307.00

Mitsuboshi Belting Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															29,544.00	35,307.00	34,772.00	35,878.00	32,292.00

Mitsuboshi Belting 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.

Mitsuboshi Belting (TSE:5192) 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.

Mitsuboshi Belting Cash And Cash Equivalents Related Terms

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Mitsuboshi Belting (TSE:5192) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mitsuboshi Belting Ltd (TSE:5192) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

4 - 1 21 Hamazoe dori, Nagata ku, Hyogo-ken, JPN, 6530024

Website

http://www.mitsuboshi.co.jp

Mitsuboshi Belting Ltd is involved in the business of Power transmission belts and related products, Conveyor belts and systems and related products, Engineering plastics, Engineering structural foam, Waterproofing and Watershielding sheet, Metal nanoparticle related products. Its products include automobile and motorcycle transmission belts, general industrial transmission belts, pulleys, conveyer belts, systems, engineering plastic materials and processed products, waterproofing materials for construction etc.

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