Virtuoso OptoElectronics (BOM:543597) Cash And Cash Equivalents : ₹442 Mil (As of Sep. 2024)

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What is Virtuoso OptoElectronics Cash And Cash Equivalents?

Virtuoso OptoElectronics's quarterly cash and cash equivalents declined from Sep. 2023 (₹1.17 Mil) to Mar. 2024 (₹0.87 Mil) but then increased from Mar. 2024 (₹0.87 Mil) to Sep. 2024 (₹442.32 Mil).

Virtuoso OptoElectronics's annual cash and cash equivalents declined from Mar. 2022 (₹8.12 Mil) to Mar. 2023 (₹2.65 Mil) and declined from Mar. 2023 (₹2.65 Mil) to Mar. 2024 (₹0.87 Mil).

Virtuoso OptoElectronics Cash And Cash Equivalents Historical Data

The historical data trend for Virtuoso OptoElectronics'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.

Virtuoso OptoElectronics Cash And Cash Equivalents Chart

Virtuoso OptoElectronics Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

0.55

0.17

8.12

2.65

0.87

Virtuoso OptoElectronics Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial			20.05	2.65	1.17	0.87	442.32

Virtuoso OptoElectronics 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.

Virtuoso OptoElectronics (BOM:543597) 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.

Virtuoso OptoElectronics Cash And Cash Equivalents Related Terms

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Virtuoso OptoElectronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Virtuoso OptoElectronics Ltd (BOM:543597) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

Plot No. 7 M.I.D.C, Satpur, Nasik, MH, IND, 422007

Website

https://www.voepl.com

Virtuoso OptoElectronics Ltd is engaged in the manufacturing of consumer durable goods, assembles a wide array of products and provide end-to-end product solutions. The company's product portfolio of consumer goods includes Split Air Conditioners; Water Heaters; LED Lighting products; and other miscellaneous products such as injection moulding components for air conditioners.

Virtuoso OptoElectronics Headlines

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