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Jet Freight Logistics (BOM:543420) Cash And Cash Equivalents : ₹0 Mil (As of Dec. 2024)


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What is Jet Freight Logistics Cash And Cash Equivalents?

Jet Freight Logistics's quarterly cash and cash equivalents increased from Jun. 2024 (₹0.00 Mil) to Sep. 2024 (₹2.23 Mil) but then stayed the same from Sep. 2024 (₹2.23 Mil) to Dec. 2024 (₹0.00 Mil).

Jet Freight Logistics's annual cash and cash equivalents increased from Mar. 2022 (₹4.09 Mil) to Mar. 2023 (₹30.11 Mil) but then declined from Mar. 2023 (₹30.11 Mil) to Mar. 2024 (₹4.66 Mil).


Jet Freight Logistics Cash And Cash Equivalents Historical Data

The historical data trend for Jet Freight 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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Jet Freight Logistics Cash And Cash Equivalents Chart

Jet Freight Logistics Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.92 7.98 4.09 30.11 4.66

Jet Freight Logistics Quarterly Data
Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 4.66 - 2.23 -

Jet Freight 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.


Jet Freight Logistics  (BOM:543420) 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.


Jet Freight Logistics Cash And Cash Equivalents Related Terms

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Jet Freight Logistics Business Description

Traded in Other Exchanges
Address
Cardinal Gracious Road, Opposite P&G Corporate Park, Pramukh Plaza, 706, C wing, 7th Floor, Opposite Holy Family Church, Chakala, Andheri East, Mumbai, MH, IND, 400099
Jet Freight Logistics Ltd is involved in business of Freight Forwarding for handling Perishable, General and time sensitive cargo and other kinds of cargo. The company is offers a wide range of Supply Chain services such as Air Cargo Door-to-Door (Air Cargo DTD) services, Surface Parcel Delivery (SPD) Services to its customers, Third Party Warehousing. Jet Freight Logistics offers wide variety of services to its clients. Apart from Perishable, Time Sensitive and General Cargo, Company's service includes Custom Clearance, Logistics Solution, Shipment of Hazardous cargo and ODC consignments.

Jet Freight Logistics Headlines

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