AccelerateBS India (BOM:543938) Cash And Cash Equivalents : ₹22.30 Mil (As of Mar. 2024)

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What is AccelerateBS India Cash And Cash Equivalents?

AccelerateBS India's quarterly cash and cash equivalents increased from Mar. 2023 (₹0.00 Mil) to Sep. 2023 (₹1.55 Mil) and increased from Sep. 2023 (₹1.55 Mil) to Mar. 2024 (₹22.30 Mil).

AccelerateBS India's annual cash and cash equivalents declined from Mar. 2022 (₹5.64 Mil) to Mar. 2023 (₹0.00 Mil) but then increased from Mar. 2023 (₹0.00 Mil) to Mar. 2024 (₹22.30 Mil).

AccelerateBS India Cash And Cash Equivalents Historical Data

The historical data trend for AccelerateBS India'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.

AccelerateBS India Cash And Cash Equivalents Chart

AccelerateBS India Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

1.43

6.62

5.64

22.30

AccelerateBS India Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial			6.62	5.64	-	1.55	22.30

AccelerateBS India 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.

AccelerateBS India (BOM:543938) 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.

AccelerateBS India Cash And Cash Equivalents Related Terms

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AccelerateBS India (BOM:543938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AccelerateBS India Ltd (BOM:543938) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off S.V. Road, Office 604, Quantum Tower, Ram Baug, Malad West, Mumbai, MH, IND, 400 064

Website

https://www.acceleratebs.com

AccelerateBS India Ltd is a Digital Technology Services company offering a multitude of boutique technology services to both B2B and B2C companies around the world. Its services include Digital Technology Services, DXP (Digital Experience Platforms) Consulting and Implementation Services, Digital projects, custom software development and consulting services, and delivering powerful and scalable software systems.

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