Roni Households (BOM:542145) Cash And Cash Equivalents : ₹3.3 Mil (As of Sep. 2023)

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What is Roni Households Cash And Cash Equivalents?

Roni Households's quarterly cash and cash equivalents increased from Sep. 2022 (₹2.99 Mil) to Mar. 2023 (₹4.03 Mil) but then stayed the same from Mar. 2023 (₹4.03 Mil) to Sep. 2023 (₹3.29 Mil).

Roni Households's annual cash and cash equivalents declined from Mar. 2021 (₹1.69 Mil) to Mar. 2022 (₹1.60 Mil) but then increased from Mar. 2022 (₹1.60 Mil) to Mar. 2023 (₹4.03 Mil).

Roni Households Cash And Cash Equivalents Historical Data

The historical data trend for Roni Households'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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Roni Households Cash And Cash Equivalents Chart

Roni Households Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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0.18

0.08

1.69

1.60

4.03

Roni Households Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial						1.05	1.60	2.99	4.03	3.29

Roni Households 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.

Roni Households (BOM:542145) 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.

Roni Households Cash And Cash Equivalents Related Terms

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Roni Households (BOM:542145) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Roni Households Ltd (BOM:542145) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ajanta Road, Plot No. F-55, Addl. MIDC Area, Jalgaon, MH, IND, 425003

Website

https://www.ronihouseholds.com

Roni Households Ltd is an India-based company engaged in the trading of plastic granules and plastic household products. The company currently trades in plastic granules and plastic household products which include Tub, Buckets, Office furniture, and Ghamela among others.

Roni Households (BOM:542145) Headlines

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