ABB India (BOM:500002) Cash And Cash Equivalents : ₹8,769 Mil (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is ABB India Cash And Cash Equivalents?

ABB India's quarterly cash and cash equivalents declined from Jun. 2023 (₹12,957.70 Mil) to Sep. 2023 (₹0.00 Mil) but then increased from Sep. 2023 (₹0.00 Mil) to Dec. 2023 (₹8,768.80 Mil).

ABB India's annual cash and cash equivalents increased from Dec. 2021 (₹7,190.90 Mil) to Dec. 2022 (₹31,468.60 Mil) but then declined from Dec. 2022 (₹31,468.60 Mil) to Dec. 2023 (₹8,768.80 Mil).

ABB India Cash And Cash Equivalents Historical Data

The historical data trend for ABB India'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.

ABB India Cash And Cash Equivalents Chart

ABB India Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

15,949.10

22,039.50

7,190.90

31,468.60

8,768.80

ABB India 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															31,468.60	-	12,957.70	-	8,768.80

ABB India 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.

ABB India (BOM:500002) 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.

ABB India Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of ABB India's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

ABB India (BOM:500002) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ABB India Ltd (BOM:500002) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ABB:India

Address

Peenya Industrial Area IV, Disha - 3rd Floor, Plot No. 5 & 6, 2nd Stage, Peenya, Bengaluru, KA, IND, 560 058

Website

http://www.abb.co.in

ABB India Ltd offers systems and services for electrical distribution, power grids and plants, machinery components, and other industrial applications. The engineering company attempts to increase industrial productivity while lowering the environmental impact. The company's revenue is split between its four operating segments: Robotics and Discrete Automation, Electrification, Motion, and Industrial Automation. Solutions can control the entire flow of power plants or be individualized to specific transformers, circuit breakers, motors, and other automated machinery. The company has several manufacturing sites located in India, and the majority of its revenue is generated in India.

ABB India (BOM:500002) Headlines

No Headlines