Quality RO Industries (BOM:543460) Cash, Cash Equivalents, Marketable Securities : ₹12.0 Mil (As of Mar. 2024)

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What is Quality RO Industries Cash, Cash Equivalents, Marketable Securities?

Quality RO Industries's quarterly cash, cash equivalents, marketable securities declined from Mar. 2023 (₹45.82 Mil) to Sep. 2023 (₹1.46 Mil) but then increased from Sep. 2023 (₹1.46 Mil) to Mar. 2024 (₹12.02 Mil).

Quality RO Industries's annual cash, cash equivalents, marketable securities increased from Mar. 2022 (₹19.35 Mil) to Mar. 2023 (₹45.82 Mil) but then declined from Mar. 2023 (₹45.82 Mil) to Mar. 2024 (₹12.02 Mil).

Quality RO Industries Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Quality RO Industries's Cash, Cash Equivalents, Marketable Securities 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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Quality RO Industries Cash, Cash Equivalents, Marketable Securities Chart

Quality RO Industries Annual Data

Trend

Mar22

Mar23

Mar24

Cash, Cash Equivalents, Marketable Securities

19.35

45.82

12.02

Quality RO Industries Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			19.35	21.28	45.82	1.46	12.02

Quality RO Industries Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Quality RO Industries (BOM:543460) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Quality RO Industries Cash, Cash Equivalents, Marketable Securities Related Terms

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Quality RO Industries (BOM:543460) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Quality RO Industries Ltd (BOM:543460) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 09, POR Industrial Park, NH 08 Behind Sahayog Hotel, Village PO, Vadodara, GJ, IND, 391243

Website

https://www.qualityro.in

Quality RO Industries Ltd is engaged in the business of manufacturing, marketing, and supplying components for water purifiers and softener equipment. These water purifier parts have been designed to make a proper fit for RO plants and systems of different varieties, as we produce strictly according to industry standards. The company is at present engaged in the business of Trading and Manufacturing RO products and Transportation activities, which constitute two business segments. The prime revenue generator is the trading and manufacturing of the RO products segment.

Quality RO Industries (BOM:543460) Headlines

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