Avalon Technologies (BOM:543896) Cash And Cash Equivalents : ₹423 Mil (As of Mar. 2024)

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What is Avalon Technologies Cash And Cash Equivalents?

Avalon Technologies's quarterly cash and cash equivalents declined from Sep. 2023 (₹178.73 Mil) to Dec. 2023 (₹0.00 Mil) but then increased from Dec. 2023 (₹0.00 Mil) to Mar. 2024 (₹423.40 Mil).

Avalon Technologies's annual cash and cash equivalents declined from Mar. 2022 (₹77.53 Mil) to Mar. 2023 (₹0.00 Mil) but then increased from Mar. 2023 (₹0.00 Mil) to Mar. 2024 (₹423.40 Mil).

Avalon Technologies Cash And Cash Equivalents Historical Data

The historical data trend for Avalon Technologies'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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Avalon Technologies Cash And Cash Equivalents Chart

Avalon Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

245.13

313.28

77.53

423.40

Avalon Technologies Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial						-	-	178.73	-	423.40

Avalon Technologies 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.

Avalon Technologies (BOM:543896) 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.

Avalon Technologies Cash And Cash Equivalents Related Terms

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Avalon Technologies (BOM:543896) Business Description

Industry

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AVALON:India

Address

B-7, First Main Road, MEPZ, Tambaram, Chennai, TN, IND, 600 045

Website

https://www.avalontec.com

Avalon Technologies Ltd is a fully integrated electronic manufacturing services company. It focuses on high-value precision engineered products. It offers a full stack product and solution suite, right from printed circuit board design and assembly to the manufacture of complete electronic systems, to certain global original equipment manufacturers (OEMs), including OEMs located in countries like China, Netherlands, the United States, and Japan. Geographically the company generates the majority of its revenue from India.

Avalon Technologies (BOM:543896) Headlines

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