Naraingarh Sugar Mills (BOM:531457) Cash And Cash Equivalents : ₹0.0 Mil (As of Dec. 2023)

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What is Naraingarh Sugar Mills Cash And Cash Equivalents?

Naraingarh Sugar Mills's quarterly cash and cash equivalents declined from Mar. 2020 (₹64.82 Mil) to Dec. 2022 (₹0.00 Mil) but then stayed the same from Dec. 2022 (₹0.00 Mil) to Dec. 2023 (₹0.00 Mil).

Naraingarh Sugar Mills's annual cash and cash equivalents increased from Mar. 2018 (₹27.67 Mil) to Mar. 2019 (₹307.76 Mil) but then declined from Mar. 2019 (₹307.76 Mil) to Mar. 2020 (₹64.82 Mil).

Naraingarh Sugar Mills Cash And Cash Equivalents Historical Data

The historical data trend for Naraingarh Sugar Mills'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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Naraingarh Sugar Mills Cash And Cash Equivalents Chart

Naraingarh Sugar Mills Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Cash And Cash Equivalents

49.27

25.82

27.67

307.76

64.82

Naraingarh Sugar Mills Quarterly Data
	Mar17	Mar18	Mar19	Mar20	Dec22	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial			27.67	307.76	64.82	-	-

Naraingarh Sugar Mills 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.

Naraingarh Sugar Mills (BOM:531457) 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.

Naraingarh Sugar Mills Cash And Cash Equivalents Related Terms

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Naraingarh Sugar Mills (BOM:531457) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Naraingarh Sugar Mills Ltd (BOM:531457) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

Village Banondi, P.O. Shahzadpur, Tehsil Naraingarh, Ambala, HR, IND, 133001

Website

http://www.naraingarhsugarmillsltd.com

Naraingarh Sugar Mills Ltd is engaged in the business of manufacturing white crystal sugar and by-products. It earns revenues from the sales of sugar, molasses, power, press mud, and bagasse.

Naraingarh Sugar Mills (BOM:531457) Headlines

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