Polo Hotels (BOM:526687) Cash And Cash Equivalents : ₹0.00 Mil (As of Dec. 2023)

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What is Polo Hotels Cash And Cash Equivalents?

Polo Hotels's quarterly cash and cash equivalents increased from Jun. 2023 (₹0.00 Mil) to Sep. 2023 (₹29.68 Mil) but then stayed the same from Sep. 2023 (₹29.68 Mil) to Dec. 2023 (₹0.00 Mil).

Polo Hotels's annual cash and cash equivalents increased from Mar. 2021 (₹0.00 Mil) to Mar. 2022 (₹24.89 Mil) but then declined from Mar. 2022 (₹24.89 Mil) to Mar. 2023 (₹23.49 Mil).

Polo Hotels Cash And Cash Equivalents Historical Data

The historical data trend for Polo Hotels'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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Polo Hotels Cash And Cash Equivalents Chart

Polo Hotels Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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12.43

24.89

23.49

Polo Hotels Quarterly Data
	Dec18	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															-	23.49	-	29.68	-

Polo Hotels 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.

Polo Hotels (BOM:526687) 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.

Polo Hotels Cash And Cash Equivalents Related Terms

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Polo Hotels (BOM:526687) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Polo Hotels Ltd (BOM:526687) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

Hotel North Park, Near Ghaggar Bridge, Sector 32, Panchkula, HR, IND, 134108

Website

http://www.polohotelsltd.com

Polo Hotels Ltd engages in the business of setting up and running hotels and restaurants. The company leases its only venture: Hotel North Park, located in Panchkula.

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