Resonance Specialties (BOM:524218) Cash And Cash Equivalents : ₹10.9 Mil (As of Sep. 2024)

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What is Resonance Specialties Cash And Cash Equivalents?

Resonance Specialties's quarterly cash and cash equivalents declined from Mar. 2024 (₹3.89 Mil) to Jun. 2024 (₹0.00 Mil) but then increased from Jun. 2024 (₹0.00 Mil) to Sep. 2024 (₹10.91 Mil).

Resonance Specialties's annual cash and cash equivalents declined from Mar. 2022 (₹22.62 Mil) to Mar. 2023 (₹7.14 Mil) and declined from Mar. 2023 (₹7.14 Mil) to Mar. 2024 (₹3.89 Mil).

Resonance Specialties Cash And Cash Equivalents Historical Data

The historical data trend for Resonance Specialties'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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Resonance Specialties Cash And Cash Equivalents Chart

Resonance Specialties Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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18.25

50.18

22.62

7.14

3.89

Resonance Specialties 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															4.08	-	3.89	-	10.91

Resonance Specialties 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.

Resonance Specialties (BOM:524218) 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.

Resonance Specialties Cash And Cash Equivalents Related Terms

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Resonance Specialties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Resonance Specialties Ltd (BOM:524218) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

Plot No. 54-D, Kandivli Industrial Estate, Kandivli (West), Charkop, Mumbai, MH, IND, 400067

Website

https://www.resonancesl.com

Resonance Specialties Ltd is engaged in the manufacturing of chemicals. The company is manufacturing Pyridine, Picoline, Cynopyridine, and derivatives of the same. Bulk drugs and nutritional products are tolls converted. It delivers pyridine and related products. The company has only one segment which is Chemical Manufacturing. The company also manufactures anti-tuberculosis products such as Isoniazid. Geographically. It operates in India and Outside India. The majority of segment revenue is from Outside India.

Resonance Specialties Headlines

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