Lex Nimble Solutions (BOM:541196) Cash And Cash Equivalents : ₹2.79 Mil (As of Sep. 2023)

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What is Lex Nimble Solutions Cash And Cash Equivalents?

Lex Nimble Solutions's quarterly cash and cash equivalents declined from Sep. 2022 (₹6.28 Mil) to Mar. 2023 (₹1.84 Mil) but then increased from Mar. 2023 (₹1.84 Mil) to Sep. 2023 (₹2.79 Mil).

Lex Nimble Solutions's annual cash and cash equivalents increased from Mar. 2021 (₹2.05 Mil) to Mar. 2022 (₹2.15 Mil) but then declined from Mar. 2022 (₹2.15 Mil) to Mar. 2023 (₹1.84 Mil).

Lex Nimble Solutions Cash And Cash Equivalents Historical Data

The historical data trend for Lex Nimble Solutions'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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Lex Nimble Solutions Cash And Cash Equivalents Chart

Lex Nimble Solutions Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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3.07

1.57

2.05

2.15

1.84

Lex Nimble Solutions Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial													2.35	2.15	6.28	1.84	2.79

Lex Nimble Solutions 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.

Lex Nimble Solutions (BOM:541196) 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.

Lex Nimble Solutions Cash And Cash Equivalents Related Terms

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Lex Nimble Solutions (BOM:541196) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Lex Nimble Solutions Ltd (BOM:541196) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

Quardant 3, Module A1, Cyber Towers, 10th Floor, Hitech City, Madhapur, Hyderabad, TG, IND, 500 081

Website

https://www.lexnimble.in

Lex Nimble Solutions Ltd is engaged in IT consulting, support and solutions and appraisal advisory, certification, training and related services on quality models. The company's business segments are Software services and Consulting services. It derives key revenue from the Consulting services segment which covers IT staffing, Support Services and Payroll and accounting Service; and Quality Certification, Consulting and Training. Geographically, the group has customers located within India and other countries.

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