Proventus Agrocom (NSE:PROV) Cash, Cash Equivalents, Marketable Securities : ₹261 Mil (As of Mar. 2024)

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What is Proventus Agrocom Cash, Cash Equivalents, Marketable Securities?

Proventus Agrocom's quarterly cash, cash equivalents, marketable securities increased from Mar. 2023 (₹0.00 Mil) to Sep. 2023 (₹83.72 Mil) and increased from Sep. 2023 (₹83.72 Mil) to Mar. 2024 (₹260.73 Mil).

Proventus Agrocom's annual cash, cash equivalents, marketable securities declined from Mar. 2022 (₹143.43 Mil) to Mar. 2023 (₹0.00 Mil) but then increased from Mar. 2023 (₹0.00 Mil) to Mar. 2024 (₹260.73 Mil).

Proventus Agrocom Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Proventus Agrocom'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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Proventus Agrocom Cash, Cash Equivalents, Marketable Securities Chart

Proventus Agrocom Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash, Cash Equivalents, Marketable Securities

22.18

129.95

143.43

260.73

Proventus Agrocom Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			129.95	143.43	-	83.72	260.73

Proventus Agrocom 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.

Proventus Agrocom (NSE:PROV) 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.

Proventus Agrocom Cash, Cash Equivalents, Marketable Securities Related Terms

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Proventus Agrocom (NSE:PROV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Proventus Agrocom Ltd (NSE:PROV) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

Village Mulgaon, MV Road, Unit 515, 5th Floor, C Wing, 1 MTR Cabin, Atrium, Andheri East, Near Acme Plaza, Mumbai, MH, IND, 400 069

Website

https://www.proventusagro.com

Proventus Agrocom Ltd is an integrated health food brand with a presence in the entire range of dry fruits, nuts, seeds, berries, and healthy snacking products across the value chain. Its approach in the space focuses on diversifying across the baskets and intensifying its presence across the value chain; in the end, being a one-stop shop for the consumers. Its products include cashew, almonds, walnuts, raisins, sunflower seeds, pistachios and other dry fruits, nuts, seeds and berries.