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Euro India Fresh Foods (NSE:EIFFL) Cash, Cash Equivalents, Marketable Securities : ₹5 Mil (As of Mar. 2023)


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What is Euro India Fresh Foods Cash, Cash Equivalents, Marketable Securities?

Euro India Fresh Foods's quarterly cash, cash equivalents, marketable securities declined from Mar. 2021 (₹12.40 Mil) to Mar. 2022 (₹10.10 Mil) but then stayed the same from Mar. 2022 (₹10.10 Mil) to Mar. 2023 (₹4.50 Mil).

Euro India Fresh Foods's annual cash, cash equivalents, marketable securities declined from Mar. 2021 (₹12.40 Mil) to Mar. 2022 (₹10.10 Mil) and declined from Mar. 2022 (₹10.10 Mil) to Mar. 2023 (₹4.50 Mil).


Euro India Fresh Foods Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Euro India Fresh Foods'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.

* Premium members only.

Euro India Fresh Foods Cash, Cash Equivalents, Marketable Securities Chart

Euro India Fresh Foods Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash, Cash Equivalents, Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.93 9.70 12.40 10.10 4.50

Euro India Fresh Foods Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.93 9.70 12.40 10.10 4.50

Euro India Fresh Foods 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.


Euro India Fresh Foods  (NSE:EIFFL) 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.


Euro India Fresh Foods Cash, Cash Equivalents, Marketable Securities Related Terms

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Euro India Fresh Foods (NSE:EIFFL) Business Description

Traded in Other Exchanges
N/A
Address
Andheri Kurla Road, Near Cinemax Theater, 501, 5th Floor, The Summit Business Bay, Andheri (East), Mumbai, MH, IND, 400059
Euro India Fresh Foods Ltd is an Indian Food business firm. The company is engaged in manufacturing and selling processed food and beverages which is the only business segment. Company products include; Euro Chips, Euro Namkeens, Euro Getmore, Euro Wheels, packaged drinking water Euro Spa, Euro's mango drink Fresho, and lemon-based drinks Euro Lemoni. The firm has outlets in cities such as Surat, Ahmedabad, Bhavnagar, Mumbai and Others. Euro also exports products overseas however the majority of the revenue accrues from domestic sales.

Euro India Fresh Foods (NSE:EIFFL) Headlines

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