Ceylon Investment (COL:CINV.N0000) Cash And Cash Equivalents : රු794.9 Mil (As of Sep. 2024)

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What is Ceylon Investment Cash And Cash Equivalents?

Ceylon Investment's quarterly cash and cash equivalents declined from Mar. 2024 (රු818.47 Mil) to Jun. 2024 (රු774.55 Mil) but then increased from Jun. 2024 (රු774.55 Mil) to Sep. 2024 (රු794.86 Mil).

Ceylon Investment's annual cash and cash equivalents declined from Mar. 2022 (රු736.11 Mil) to Mar. 2023 (රු53.60 Mil) but then increased from Mar. 2023 (රු53.60 Mil) to Mar. 2024 (රු818.47 Mil).

Ceylon Investment Cash And Cash Equivalents Historical Data

The historical data trend for Ceylon Investment'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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Ceylon Investment Cash And Cash Equivalents Chart

Ceylon Investment Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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177.33

444.35

736.11

53.60

818.47

Ceylon Investment Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															537.21	284.67	818.47	774.55	794.86

Ceylon Investment 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.

Ceylon Investment (COL:CINV.N0000) 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.

Ceylon Investment Cash And Cash Equivalents Related Terms

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Ceylon Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ceylon Investment PLC (COL:CINV.N0000) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

No. 61, Janadhipathi Mawatha, Colombo, LKA, 01

Website

https://www.carsoncumberbatch.com

Ceylon Investment PLC is an investment company which engages in the management of investment portfolios. It holds investments in the beverage, food and tobacco, hotels and travel, telecommunications, power and energy and healthcare sectors. The company is a subsidiary of Carson Cumberbatch PLC. The investment portfolio of the company is managed by Guardian Fund Management Limited.

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