Nippon Electric Glass Co (TSE:5214) Cash And Cash Equivalents : 円98,603 Mil (As of Mar. 2024)

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What is Nippon Electric Glass Co Cash And Cash Equivalents?

Nippon Electric Glass Co's quarterly cash and cash equivalents declined from Sep. 2023 (円95,598.00 Mil) to Dec. 2023 (円75,401.00 Mil) but then increased from Dec. 2023 (円75,401.00 Mil) to Mar. 2024 (円98,603.00 Mil).

Nippon Electric Glass Co's annual cash and cash equivalents declined from Dec. 2021 (円134,974.00 Mil) to Dec. 2022 (円107,151.00 Mil) and declined from Dec. 2022 (円107,151.00 Mil) to Dec. 2023 (円75,401.00 Mil).

Nippon Electric Glass Co Cash And Cash Equivalents Historical Data

The historical data trend for Nippon Electric Glass 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 Electric Glass Co Cash And Cash Equivalents Chart

Nippon Electric Glass Co Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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101,509.00

121,440.00

134,974.00

107,151.00

75,401.00

Nippon Electric Glass 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															75,544.00	85,052.00	95,598.00	75,401.00	98,603.00

Nippon Electric Glass 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 Electric Glass Co (TSE:5214) 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 Electric Glass Co Cash And Cash Equivalents Related Terms

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Nippon Electric Glass Co (TSE:5214) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nippon Electric Glass Co Ltd (TSE:5214) » Definitions » Cash And Cash Equivalents

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NPG:Germany

Address

7-1, Seiran 2-chome, Shiga, Otsu, JPN, 520-8639

Website

http://www.neg.co.jp

Nippon Electric Glass Co., Ltd. is in the business of production and sale of glass products and glassmaking machinery. Its business is divided into two categories Electronics and Information Technology and Performance Materials and Others. The company produces glass for flat panel displays, optical devices, chemical strengthening, electronic devices, solar cells, fiber and building materials. The company generates most of the sales from electronics and information technology category.

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