Sai Swami Metals & Alloys (BOM:544170) Cash And Cash Equivalents : ₹13.42 Mil (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Sai Swami Metals & Alloys Cash And Cash Equivalents?

Sai Swami Metals & Alloys's quarterly cash and cash equivalents increased from Sep. 2023 (₹7.56 Mil) to Dec. 2023 (₹7.89 Mil) and increased from Dec. 2023 (₹7.89 Mil) to Sep. 2024 (₹13.42 Mil).

Sai Swami Metals & Alloys's annual cash and cash equivalents stayed the same from . 20 (₹0.00 Mil) to . 20 (₹0.00 Mil) but then increased from . 20 (₹0.00 Mil) to Mar. 2023 (₹1.59 Mil).

Sai Swami Metals & Alloys Cash And Cash Equivalents Historical Data

The historical data trend for Sai Swami Metals & Alloys'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.

Sai Swami Metals & Alloys Cash And Cash Equivalents Chart

Sai Swami Metals & Alloys Annual Data

Trend

Mar23

Cash And Cash Equivalents

1.59

Sai Swami Metals & Alloys Quarterly Data
	Mar23	Sep23	Dec23	Sep24
Cash And Cash Equivalents	1.59	7.56	7.89	13.42

Sai Swami Metals & Alloys 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.

Sai Swami Metals & Alloys (BOM:544170) 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.

Sai Swami Metals & Alloys Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Sai Swami Metals & Alloys's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Sai Swami Metals & Alloys Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sai Swami Metals & Alloys Ltd (BOM:544170) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

05, Harekrishana Industrial Estate Bakrol, Daskroi, Ahmedabad, GJ, IND, 382430

Website

https://www.saiswamimetals.com

Sai Swami Metals & Alloys Ltd is involved in the trading and marketing of a comprehensive array of stainless steel products. Its product range includes kitchenware, including Dinner Sets, S.S. Casseroles, S.S. Multi Kadai, S.S. Water Bottles, Stainless Steel Sheets, Stainless Steel Circles, and various types of utensils. Also engaged in trading of basic raw material like S.S. Patta, S.S. Sheet, S.S. Coil, S.S. Scrap, S.S. Pipe, M.S. Round (Mild Steel Round) and M.S. beam.

Sai Swami Metals & Alloys Headlines

No Headlines