TOYO (FRA:TOY) Cash And Cash Equivalents : €19.5 Mil (As of Sep. 2024)

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What is TOYO Cash And Cash Equivalents?

TOYO's quarterly cash and cash equivalents declined from Mar. 2024 (€22.79 Mil) to Jun. 2024 (€18.18 Mil) but then increased from Jun. 2024 (€18.18 Mil) to Sep. 2024 (€19.49 Mil).

TOYO's annual cash and cash equivalents declined from Sep. 2022 (€26.70 Mil) to Sep. 2023 (€16.86 Mil) but then increased from Sep. 2023 (€16.86 Mil) to Sep. 2024 (€19.49 Mil).

TOYO Cash And Cash Equivalents Historical Data

The historical data trend for TOYO'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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TOYO Cash And Cash Equivalents Chart

TOYO Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Cash And Cash Equivalents

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31.20

26.98

26.70

16.86

19.49

TOYO Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															14.96	22.79	18.18	19.49	16.41

TOYO 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.

TOYO (FRA:TOY) 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.

TOYO Cash And Cash Equivalents Related Terms

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TOYO Business Description

Industry

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8151:Japan

Address

1-6, Yaesu 1-chome, Chuo-ku, Tokyo, JPN, 103-8284

Website

http://www.toyo.co.jp

TOYO Corporation is a Japanese company engaged in the development, manufacture, inspection, and installation of electronic measuring instruments. It manufactures products for the areas including information and communications technologies, mechatronics, materials, energy, electromagnetic compatibility, antenna systems, ocean, defense and security, software quality and productivity and medical systems. Its products include automatic radiated immunity measurement system, motor torque test system, noise and vibration analysis system, engine test bench measurement system, precision gear noise measurement system, among others. The company also offers maintenance, repair, calibration, technical support service, seminars, and operation training for its products.

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