Hero MotoCorp (BOM:500182) Cash And Cash Equivalents : ₹2,324 Mil (As of Sep. 2024)

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What is Hero MotoCorp Cash And Cash Equivalents?

Hero MotoCorp's quarterly cash and cash equivalents declined from Mar. 2024 (₹6,049.10 Mil) to Jun. 2024 (₹0.00 Mil) but then increased from Jun. 2024 (₹0.00 Mil) to Sep. 2024 (₹2,323.80 Mil).

Hero MotoCorp's annual cash and cash equivalents increased from Mar. 2022 (₹1,810.20 Mil) to Mar. 2023 (₹2,263.00 Mil) and increased from Mar. 2023 (₹2,263.00 Mil) to Mar. 2024 (₹6,049.10 Mil).

Hero MotoCorp Cash And Cash Equivalents Historical Data

The historical data trend for Hero MotoCorp'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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Hero MotoCorp Cash And Cash Equivalents Chart

Hero MotoCorp Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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3,785.30

2,746.20

1,810.20

2,263.00

6,049.10

Hero MotoCorp Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															3,665.60	-	6,049.10	-	2,323.80

Hero MotoCorp 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.

Hero MotoCorp (BOM:500182) 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.

Hero MotoCorp Cash And Cash Equivalents Related Terms

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Hero MotoCorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hero MotoCorp Ltd (BOM:500182) » Definitions » Cash And Cash Equivalents

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HEROMOTOCO:India

Address

Nelson Mandela Road, The Grand Plaza, Plot No. 2, Vasant Kunj - Phase -II, New Delhi, IND, 110070

Website

https://www.heromotocorp.com

Hero MotoCorp Ltd is a motorcycle manufacturing company domiciled in India. The company manufactures and distributes motorcycles, scooters, and related spare parts. Sales of motorcycles contribute a substantial amount to the consolidated revenue, followed by scooter sales. It derives the vast majority of its revenue from domestic operations and also has a presence in Latin America, South Asia, Africa, and the Middle East. Hero MotoCorp principally manufactures and assembles production domestically. The company predominantly operates in the automotive segment which includes all activities related to the development, design, manufacture, assembly, and sale of vehicles, as well as the sale of related parts and accessories.

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