Advait Infratech (BOM:543230) Cash And Cash Equivalents : ₹5 Mil (As of Sep. 2023)

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What is Advait Infratech Cash And Cash Equivalents?

Advait Infratech's quarterly cash and cash equivalents increased from Sep. 2022 (₹115.56 Mil) to Mar. 2023 (₹189.62 Mil) but then stayed the same from Mar. 2023 (₹189.62 Mil) to Sep. 2023 (₹4.86 Mil).

Advait Infratech's annual cash and cash equivalents declined from Mar. 2021 (₹141.72 Mil) to Mar. 2022 (₹104.92 Mil) but then increased from Mar. 2022 (₹104.92 Mil) to Mar. 2023 (₹189.62 Mil).

Advait Infratech Cash And Cash Equivalents Historical Data

The historical data trend for Advait Infratech'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.

* Premium members only.

Advait Infratech Cash And Cash Equivalents Chart

Advait Infratech Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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65.66

85.16

141.72

104.92

189.62

Advait Infratech Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial						72.96	104.92	115.56	189.62	4.86

Advait Infratech 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.

Advait Infratech (BOM:543230) 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.

Advait Infratech Cash And Cash Equivalents Related Terms

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Advait Infratech (BOM:543230) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Advait Infratech Ltd (BOM:543230) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Bopal-Ambli Road, Iscon Temple Cross Road, S.G Highway, A-801 to A-803, Sankalp Iconic Tower, Opposite Vikram Nagar, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.advaitinfra.com

Advait Infratech Ltd is a supplier of the tools and equipment (Stringing Tools) for a construction of transmission line in India. It operates with various verticals such as Turnkey Telecommunication Projects, Installation of the Power Transmission, Sub Station and Telecom Products, Liasioning-marketing & providing end to end solutions for the overseas customers operating in the field Power Transmission and Sub Station, Trading of the similar products, and manufacturing through OEM of the stringing Tools. Its products and solutions offered are Optical Fibre Ground Wire and OFC cables and its solutions, Insulators for the Extra High Voltage Transmission Lines, Stringing Tools for construction of Transmission lines, Gas Insulators Sub Stations supply, Earthing Solutions.

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