Snowman Logistics (BOM:538635) Cash And Cash Equivalents : ₹30 Mil (As of Sep. 2024)

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What is Snowman Logistics Cash And Cash Equivalents?

Snowman Logistics's quarterly cash and cash equivalents declined from Mar. 2024 (₹77.20 Mil) to Jun. 2024 (₹0.00 Mil) but then increased from Jun. 2024 (₹0.00 Mil) to Sep. 2024 (₹29.86 Mil).

Snowman Logistics's annual cash and cash equivalents declined from Mar. 2022 (₹156.31 Mil) to Mar. 2023 (₹23.60 Mil) but then increased from Mar. 2023 (₹23.60 Mil) to Mar. 2024 (₹77.20 Mil).

Snowman Logistics Cash And Cash Equivalents Historical Data

The historical data trend for Snowman Logistics'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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Snowman Logistics Cash And Cash Equivalents Chart

Snowman Logistics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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17.41

310.49

156.31

23.60

77.20

Snowman Logistics 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															29.16	-	77.20	-	29.86

Snowman Logistics 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.

Snowman Logistics (BOM:538635) 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.

Snowman Logistics Cash And Cash Equivalents Related Terms

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Snowman Logistics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Snowman Logistics Ltd (BOM:538635) » Definitions » Cash And Cash Equivalents

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SNOWMAN:India

Address

Prius Platinum, Saket District Centre, Wing B, 4th Floor, Saket, New Delhi, IND, 110017

Website

https://www.snowman.in

Snowman Logistics Ltd is an India-based company. It is engaged in providing integrated cold chain solutions. The company operates in four business segments. The warehousing services segment comprises of temperature-controlled warehousing services operating across locations servicing customers on a pan-India basis. The transportation services segment generally facilitates inter-city transport of products and includes door-to-door service. The consignment agency services segment provides retail distribution through a consignment agency model for customers and Trading and distribution. The warehousing services segment generate maximum revenue for the company.

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