Sangetsu (Sangetsu) Cash And Cash Equivalents : $131 Mil (As of Dec. 2023)

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What is Sangetsu Cash And Cash Equivalents?

Sangetsu's quarterly cash and cash equivalents increased from Jun. 2023 ($124.39 Mil) to Sep. 2023 ($157.10 Mil) but then stayed the same from Sep. 2023 ($157.10 Mil) to Dec. 2023 ($130.56 Mil).

Sangetsu's annual cash and cash equivalents declined from Mar. 2021 ($236.61 Mil) to Mar. 2022 ($154.73 Mil) but then increased from Mar. 2022 ($154.73 Mil) to Mar. 2023 ($185.67 Mil).

Sangetsu Cash And Cash Equivalents Historical Data

The historical data trend for Sangetsu'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.

Sangetsu Cash And Cash Equivalents Chart

Sangetsu Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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244.91

285.66

236.61

154.73

185.67

Sangetsu 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	Get a 7-Day Free Trial															146.15	185.67	124.39	157.10	130.56

Sangetsu 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.

Sangetsu (OTCPK:SGSUF) 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.

Sangetsu Cash And Cash Equivalents Related Terms

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Sangetsu (Sangetsu) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Sangetsu Corp (OTCPK:SGSUF) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

8130:Japan

Address

1-4-1, Habashita Nishi-ku, Nagoya, JPN, 451-8575

Website

http://www.sangetsu.co.jp

Sangetsu Corp is a Japan-based company engaged in the development and sale of interior decorating products. It offers wall-coverings, curtains, flooring materials, and upholstery. The company sells various traditional Japanese interior decorating products including scrolls, wall scrolls, folding screens, sliding doors, partitions, and other products made of cloth and paper. The company's business segments include Interior, Exterior and Lighting segments. The majority of the company's revenue is generated from the Interior segment.

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