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Mafia Trends (BOM:543613) Cash And Cash Equivalents : ₹26.60 Mil (As of Mar. 2024)


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What is Mafia Trends Cash And Cash Equivalents?

Mafia Trends's quarterly cash and cash equivalents increased from Mar. 2022 (₹7.30 Mil) to Mar. 2023 (₹17.92 Mil) and increased from Mar. 2023 (₹17.92 Mil) to Mar. 2024 (₹26.60 Mil).

Mafia Trends's annual cash and cash equivalents increased from Mar. 2022 (₹7.30 Mil) to Mar. 2023 (₹17.92 Mil) and increased from Mar. 2023 (₹17.92 Mil) to Mar. 2024 (₹26.60 Mil).


Mafia Trends Cash And Cash Equivalents Historical Data

The historical data trend for Mafia Trends'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.

Mafia Trends Cash And Cash Equivalents Chart

Mafia Trends Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Cash And Cash Equivalents
0.99 0.51 7.30 17.92 26.60

Mafia Trends Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
Cash And Cash Equivalents 0.99 0.51 7.30 17.92 26.60

Mafia Trends 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.


Mafia Trends  (BOM:543613) 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.


Mafia Trends Cash And Cash Equivalents Related Terms

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Mafia Trends (BOM:543613) Business Description

Traded in Other Exchanges
N/A
Address
Sandesh Press Road, 1, Prabhu Kutir Complex, Vastrapur, Ahmedabad, GJ, IND, 380 015
Mafia Trends Ltd is engaged in the business of marketing and selling Men's fashion which includes apparel such as Jeans, Tshirts, Shirts, Chinos, Formal trousers and Formal shirts. The Company is engaged solely into the business of trading of apparels and readymade garments which is their only reportable segment.

Mafia Trends (BOM:543613) Headlines

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