Saibu Gas Holdings Co (FSE:9536) Cash And Cash Equivalents : 円28,577 Mil (As of Dec. 2023)

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What is Saibu Gas Holdings Co Cash And Cash Equivalents?

Saibu Gas Holdings Co's quarterly cash and cash equivalents increased from Jun. 2023 (円27,639.00 Mil) to Sep. 2023 (円28,091.00 Mil) and increased from Sep. 2023 (円28,091.00 Mil) to Dec. 2023 (円28,577.00 Mil).

Saibu Gas Holdings Co's annual cash and cash equivalents increased from Mar. 2022 (円25,535.00 Mil) to Mar. 2023 (円36,778.00 Mil) but then declined from Mar. 2023 (円36,778.00 Mil) to Mar. 2024 (円27,397.00 Mil).

Saibu Gas Holdings Co Cash And Cash Equivalents Historical Data

The historical data trend for Saibu Gas Holdings Co'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.

Saibu Gas Holdings Co Cash And Cash Equivalents Chart

Saibu Gas Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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20,758.00

20,546.00

25,535.00

36,778.00

27,397.00

Saibu Gas Holdings Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															36,778.00	27,639.00	28,091.00	28,577.00	27,397.00

Saibu Gas Holdings Co 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.

Saibu Gas Holdings Co (FSE:9536) 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.

Saibu Gas Holdings Co Cash And Cash Equivalents Related Terms

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Saibu Gas Holdings Co (FSE:9536) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Saibu Gas Holdings Co Ltd (FSE:9536) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

9536:Japan

Address

1-17-1 Chiyo Hakata-ku, Fukuoka-shi, JPN

Website

http://www.saibugas.co.jp

Saibu Gas Holdings Co Ltd is a Japanese natural gas utility that produces, supplies, and sells natural gas and petroleum products. The company segments its operations into gas, liquefied petroleum gas, real estate, and "other" business units. The company primarily distributes and sells natural gas and LPG in the Fukuoka and Kitakyushu areas in the northern part of the Japanese island of Kyushu. Saibu sells gas and liquefied natural gas products to a variety of utility and industrial customers through long-term agreements. The company also is involved in the heating, gas equipment, and photovoltaic power generation business through its other activities.

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