Bridgestone (TSE:5108) Cash And Cash Equivalents : 円724,601 Mil (As of Dec. 2023)

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What is Bridgestone Cash And Cash Equivalents?

Bridgestone's quarterly cash and cash equivalents increased from Jun. 2023 (円609,521.00 Mil) to Sep. 2023 (円644,761.00 Mil) and increased from Sep. 2023 (円644,761.00 Mil) to Dec. 2023 (円724,601.00 Mil).

Bridgestone's annual cash and cash equivalents declined from Dec. 2021 (円787,542.00 Mil) to Dec. 2022 (円518,905.00 Mil) but then increased from Dec. 2022 (円518,905.00 Mil) to Dec. 2023 (円724,601.00 Mil).

Bridgestone Cash And Cash Equivalents Historical Data

The historical data trend for Bridgestone'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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Bridgestone Cash And Cash Equivalents Chart

Bridgestone Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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432,924.00

810,546.00

787,542.00

518,905.00

724,601.00

Bridgestone 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															518,905.00	517,011.00	609,521.00	644,761.00	724,601.00

Bridgestone 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.

Bridgestone (TSE:5108) 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.

Bridgestone Cash And Cash Equivalents Related Terms

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Bridgestone (TSE:5108) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bridgestone Corp (TSE:5108) » Definitions » Cash And Cash Equivalents

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BRDCY:USA BGT:Germany

Address

1-1-3 Kyobashi, Chuo-ku, Tokyo, JPN, 104-8340

Website

http://www.bridgestone.co.jp

Bridgestone Corp is engaged in developing, manufacturing and marketing tires and diversified products. The company manufactures tires and tubes for passenger cars, trucks and buses, construction and mining vehicles, industrial machinery, agricultural machinery, aircraft, motorcycles and scooters and others. Its tire operations include retread business, automotive maintenance and repairs, retail business and raw material supplies, as well as tire development, manufacturing, and marketing. Bridgestone also provides diversified products that include, industrial products, chemical products, automotive components, construction materials, electronic equipment, bicycles, and sporting goods.

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