Rapid Multimodal Logistics (BOM:544237) Cash And Cash Equivalents : ₹92.1 Mil (As of Sep. 2024)

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

What is Rapid Multimodal Logistics Cash And Cash Equivalents?

Rapid Multimodal Logistics's quarterly cash and cash equivalents increased from Sep. 2023 (₹1.94 Mil) to Mar. 2024 (₹3.45 Mil) and increased from Mar. 2024 (₹3.45 Mil) to Sep. 2024 (₹92.09 Mil).

Rapid Multimodal Logistics's annual cash and cash equivalents increased from Mar. 2022 (₹1.22 Mil) to Mar. 2023 (₹1.90 Mil) and increased from Mar. 2023 (₹1.90 Mil) to Mar. 2024 (₹3.45 Mil).

Rapid Multimodal Logistics Cash And Cash Equivalents Historical Data

The historical data trend for Rapid Multimodal Logistics'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.

Rapid Multimodal Logistics Cash And Cash Equivalents Chart

Rapid Multimodal Logistics Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

0.50

1.22

1.90

3.45

Rapid Multimodal Logistics Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial			1.22	1.90	1.94	3.45	92.09

Rapid Multimodal Logistics 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.

Rapid Multimodal Logistics (BOM:544237) 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.

Rapid Multimodal Logistics Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Rapid Multimodal Logistics's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Rapid Multimodal Logistics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Rapid Multimodal Logistics Ltd (BOM:544237) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

New Avadi Road, New No. 44, Old No. 78, Shroff Orchards, First Floor, Kilpauk, Chennai, TN, IND, 600010

Website

http://www.rapidlogistics.in

Rapid Multimodal Logistics Ltd is engaged in the business of providing one-stop logistical solution. It provides an end-to-end logistics solution to manufacturers/traders to transport raw materials or finished goods and provide single as well as multimodal transportation services which involves the coordinated use of multiple modes of transportation (such as road, rail, sea).

Rapid Multimodal Logistics Headlines

No Headlines