Progrex Ventures (BOM:531265) Cash And Cash Equivalents : ₹0.00 Mil (As of Dec. 2023)

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What is Progrex Ventures Cash And Cash Equivalents?

Progrex Ventures's quarterly cash and cash equivalents declined from Mar. 2023 (₹0.69 Mil) to Jun. 2023 (₹0.00 Mil) but then stayed the same from Jun. 2023 (₹0.00 Mil) to Dec. 2023 (₹0.00 Mil).

Progrex Ventures's annual cash and cash equivalents stayed the same from Mar. 2021 (₹0.58 Mil) to Mar. 2022 (₹0.58 Mil) but then increased from Mar. 2022 (₹0.58 Mil) to Mar. 2023 (₹0.69 Mil).

Progrex Ventures Cash And Cash Equivalents Historical Data

The historical data trend for Progrex Ventures'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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Progrex Ventures Cash And Cash Equivalents Chart

Progrex Ventures Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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0.56

0.57

0.58

0.69

Progrex Ventures Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.88	-	0.69	-	-

Progrex Ventures 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.

Progrex Ventures (BOM:531265) 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.

Progrex Ventures Cash And Cash Equivalents Related Terms

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Progrex Ventures (BOM:531265) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Progrex Ventures Ltd (BOM:531265) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

Number 232, Zone-I, MaharanaPratap Nagar, Shri Mohan Parisar, Bhopal, MP, IND, 462 011

Website

https://www.progressivecorp.net

Progrex Ventures Ltd is engaged in the business of manufacturing and export of solvent extraction oil, refined oil and trading of refined oil. It is also engaged in the manufacturing, trading, and export of soya meal.

Progrex Ventures (BOM:531265) Headlines

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