Alok Industries (NSE:ALOKINDS) Cash And Cash Equivalents

: ₹0 Mil (As of Dec. 2023)

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Alok Industries's quarterly cash and cash equivalents increased from Jun. 2023 (₹0.00 Mil) to Sep. 2023 (₹163.10 Mil) but then stayed the same from Sep. 2023 (₹163.10 Mil) to Dec. 2023 (₹0.00 Mil).

Alok Industries's annual cash and cash equivalents declined from Mar. 2021 (₹1,936.50 Mil) to Mar. 2022 (₹169.50 Mil) and declined from Mar. 2022 (₹169.50 Mil) to Mar. 2023 (₹138.60 Mil).

Alok Industries Cash And Cash Equivalents Historical Data

The historical data trend for Alok Industries'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.

* Premium members only.

Alok Industries Annual Data

Trend

Mar12

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

277.00

3,961.70

1,936.50

169.50

138.60

Alok Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents																-	138.60	-	163.10	-

Alok Industries 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.

Alok Industries (NSE:ALOKINDS) 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.

Alok Industries Cash And Cash Equivalents Related Terms

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Alok Industries (NSE:ALOKINDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Alok Industries Ltd (NSE:ALOKINDS) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

521070:India

Address

Ganpatrao Kadam Marg, Peninsula Business Park, Tower B, 2nd and 3rd Floor, Lower Parel, Mumbai, MH, IND, 400013

Website

https://www.alokind.com

Alok Industries Ltd is an Indian textile company. The company is engaged in the manufacturing of textile, including mending and packing activities; leather, and other apparel products. Its divisions include Spinning, such as cotton yarn; Home Textiles, such as sheeting fabric, equivalent sheet sets, and terry towels; Apparel Fabrics, such as woven fabric (includes embroidery) and knits; Garments, and Polyester, such as continuous polymerization, partially oriented yarn (POY)/chip, draw texturized yarn (DTY), fully drawn yarn (FDY), polyester staple fiber/cationic yarn and masterbatch. Geographically, it derives a majority of revenue from India. The company generates the majority of its revenue from the Home Textiles product group.

Alok Industries (NSE:ALOKINDS) Headlines

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