Spicejet (BOM:500285) Cash And Cash Equivalents : ₹1,897 Mil (As of Sep. 2023)

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What is Spicejet Cash And Cash Equivalents?

Spicejet's quarterly cash and cash equivalents stayed the same from Dec. 2022 (₹0.00 Mil) to Jun. 2023 (₹0.00 Mil) but then increased from Jun. 2023 (₹0.00 Mil) to Sep. 2023 (₹1,897.12 Mil).

Spicejet's annual cash and cash equivalents increased from Mar. 2020 (₹298.08 Mil) to Mar. 2021 (₹330.91 Mil) but then declined from Mar. 2021 (₹330.91 Mil) to Mar. 2022 (₹112.95 Mil).

Spicejet Cash And Cash Equivalents Historical Data

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

Spicejet Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Cash And Cash Equivalents

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1,199.51

667.61

298.08

330.91

112.95

Spicejet Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	78.70	-	-	1,897.12

Spicejet 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.

Spicejet (BOM:500285) 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.

Spicejet Cash And Cash Equivalents Related Terms

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Spicejet (BOM:500285) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Spicejet Ltd (BOM:500285) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

319, Udyog Vihar, Phase IV, Gurugram, HR, IND, 122016

Website

https://www.spicejet.com

Spicejet Ltd is an India based airline company. It offers both domestic as well as international air travel services. The operating segments of the company are Airline Transport and Freighter and Logistics Services. Its primary revenue source is derived from passenger air travel with ancillary sources comprising Spice max, insurance, preferred seating, Spice vacations, lounge, visa, cab, cargo and onboard merchandise. In addition, the company also offers charter services.

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