AsiaQuest Co (TSE:4261) Cash And Cash Equivalents : 円1,518 Mil (As of Dec. 2023)

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What is AsiaQuest Co Cash And Cash Equivalents?

AsiaQuest Co's quarterly cash and cash equivalents declined from Jun. 2023 (円1,561.66 Mil) to Sep. 2023 (円1,548.58 Mil) but then stayed the same from Sep. 2023 (円1,548.58 Mil) to Dec. 2023 (円1,517.99 Mil).

AsiaQuest Co's annual cash and cash equivalents increased from Dec. 2021 (円1,489.49 Mil) to Dec. 2022 (円1,562.27 Mil) but then declined from Dec. 2022 (円1,562.27 Mil) to Dec. 2023 (円1,517.99 Mil).

AsiaQuest Co Cash And Cash Equivalents Historical Data

The historical data trend for AsiaQuest Co'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.

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AsiaQuest Co Cash And Cash Equivalents Chart

AsiaQuest Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

285.67

791.45

1,489.49

1,562.27

1,517.99

AsiaQuest Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial							1,562.27	1,494.07	1,561.66	1,548.58	1,517.99

AsiaQuest Co 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.

AsiaQuest Co (TSE:4261) 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.

AsiaQuest Co Cash And Cash Equivalents Related Terms

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AsiaQuest Co (TSE:4261) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AsiaQuest Co Ltd (TSE:4261) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-11-13 Iidabashi, Iidabashi i-MARK ANNEX 6th Floor, Chiyoda-ku, Tokyo, JPN, 102-0072

Website

https://www.asia-quest.jp

AsiaQuest Co Ltd is involved in the Digital Transformation Business. It provides services thatsupport client's digital transformation, combined with experts consultation, system, application and product development.

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