Radiant Cash Management Services (BOM:543732) Cash And Cash Equivalents : ₹1,301 Mil (As of Mar. 2024)

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What is Radiant Cash Management Services Cash And Cash Equivalents?

Radiant Cash Management Services's quarterly cash and cash equivalents declined from Sep. 2023 (₹827.65 Mil) to Dec. 2023 (₹0.00 Mil) but then increased from Dec. 2023 (₹0.00 Mil) to Mar. 2024 (₹1,301.15 Mil).

Radiant Cash Management Services's annual cash and cash equivalents increased from Mar. 2022 (₹702.06 Mil) to Mar. 2023 (₹979.60 Mil) and increased from Mar. 2023 (₹979.60 Mil) to Mar. 2024 (₹1,301.15 Mil).

Radiant Cash Management Services Cash And Cash Equivalents Historical Data

The historical data trend for Radiant Cash Management Services'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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Radiant Cash Management Services Cash And Cash Equivalents Chart

Radiant Cash Management Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

379.24

537.75

702.06

979.60

1,301.15

Radiant Cash Management Services Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial						979.60	-	827.65	-	1,301.15

Radiant Cash Management Services 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.

Radiant Cash Management Services (BOM:543732) 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.

Radiant Cash Management Services Cash And Cash Equivalents Related Terms

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Radiant Cash Management Services (BOM:543732) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Radiant Cash Management Services Ltd (BOM:543732) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

RADIANTCMS:India

Address

No. 4/3 Raju Nagar, First Street, Old Mahabalipuram Road, Radiant Building, Okkiyam Thoraipakkam, OMR, Chennai, TN, IND, 600 009

Website

https://www.radiantcashservices.com

Radiant Cash Management Services Ltd is an integrated cash logistics player with a presence in retail cash management. The company operates its business across five verticals, namely cash pick-up and delivery; network currency management (also known as cash burial in industry parlance); cash processing; cash vans /cash in transit and other value-added services. Its clients include some of the foreign, private and public sector banks, and the end user of services include some of the e-commerce companies, retail chains, NBFCs, insurance firms, e-commerce logistics players, railways and retail petroleum distribution outlets. The company generates the majority of its revenue from Cash Pick and Delivery services.

Radiant Cash Management Services (BOM:543732) Headlines

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