Ashika Credit Capital (BOM:543766) Cash And Cash Equivalents : ₹79.83 Mil (As of Mar. 2025)

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What is Ashika Credit Capital Cash And Cash Equivalents?

Ashika Credit Capital's quarterly cash and cash equivalents declined from Sep. 2024 (₹4.78 Mil) to Dec. 2024 (₹0.00 Mil) but then increased from Dec. 2024 (₹0.00 Mil) to Mar. 2025 (₹79.83 Mil).

Ashika Credit Capital's annual cash and cash equivalents increased from Mar. 2023 (₹2.13 Mil) to Mar. 2024 (₹3.70 Mil) and increased from Mar. 2024 (₹3.70 Mil) to Mar. 2025 (₹79.83 Mil).

Ashika Credit Capital Cash And Cash Equivalents Historical Data

The historical data trend for Ashika Credit Capital'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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Ashika Credit Capital Cash And Cash Equivalents Chart

Ashika Credit Capital Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Cash And Cash Equivalents

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23.43

2.38

2.13

3.70

79.83

Ashika Credit Capital Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash And Cash Equivalents	Get a 7-Day Free Trial															3.70	-	4.78	-	79.83

Ashika Credit Capital 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.

Ashika Credit Capital (BOM:543766) 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.

Ashika Credit Capital Cash And Cash Equivalents Related Terms

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Ashika Credit Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ashika Credit Capital Ltd (BOM:543766) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

214, Nariman Point, 10th Floor, 1008, Raheja Centre, Mumbai, MH, IND, 400021

Website

https://www.ashikagroup.com

Ashika Credit Capital Ltd is a non-deposit-taking non-banking financial institution actively engaged in fund-based activities in India including providing loans and advances, inter-corporate deposits, restructuring finance, loans against securities, and investments in shares and securities. It provides services to individuals, corporations, and financial institutions. The company is predominantly engaged in a single reportable segment of Financial Services.

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