Tsubakimoto Chain Co (TSE:6371) Cash And Cash Equivalents : 円70,468 Mil (As of Dec. 2023)

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What is Tsubakimoto Chain Co Cash And Cash Equivalents?

Tsubakimoto Chain Co's quarterly cash and cash equivalents increased from Jun. 2023 (円63,579.00 Mil) to Sep. 2023 (円69,149.00 Mil) and increased from Sep. 2023 (円69,149.00 Mil) to Dec. 2023 (円70,468.00 Mil).

Tsubakimoto Chain Co's annual cash and cash equivalents increased from Mar. 2022 (円49,104.00 Mil) to Mar. 2023 (円56,908.00 Mil) and increased from Mar. 2023 (円56,908.00 Mil) to Mar. 2024 (円77,321.00 Mil).

Tsubakimoto Chain Co Cash And Cash Equivalents Historical Data

The historical data trend for Tsubakimoto Chain 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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Tsubakimoto Chain Co Cash And Cash Equivalents Chart

Tsubakimoto Chain Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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29,019.00

41,869.00

49,104.00

56,908.00

77,321.00

Tsubakimoto Chain 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															56,908.00	63,579.00	69,149.00	70,468.00	77,321.00

Tsubakimoto Chain 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.

Tsubakimoto Chain Co (TSE:6371) 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.

Tsubakimoto Chain Co Cash And Cash Equivalents Related Terms

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Tsubakimoto Chain Co (TSE:6371) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tsubakimoto Chain Co (TSE:6371) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

TSB:Germany

Address

Nakanoshima Mitsui Building, 6F, 3-3-3, Nakanoshima, Kita-ku, Osaka, JPN, 530-0005

Website

http://www.tsubakimoto.jp

Tsubakimoto Chain Co. is a Japan-based company that is engaged in manufacturing and sales of various variable speed drives, handling equipment and other related products and services. The company operates through four divisions. The Chain operation supplies chain products, including drive chains and conveyor chains. The Automotive Parts operation provides automotive timing drive systems, timing belts, long belts and others. The Power Transmission Unites and Component operation provides reducers, variable speed drives, motion control units and others. The Materials Handling Systems operation supplies sorting systems, conveyance systems, storage and picking systems and others. The company generates most of its revenue from Japan, America and Europe.

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