Hankyu Hanshin Holdings (Hankyu Hanshin Holdings) Cash And Cash Equivalents : $389 Mil (As of Dec. 2023)

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What is Hankyu Hanshin Holdings Cash And Cash Equivalents?

Hankyu Hanshin Holdings's quarterly cash and cash equivalents increased from Jun. 2023 ($325.50 Mil) to Sep. 2023 ($340.86 Mil) and increased from Sep. 2023 ($340.86 Mil) to Dec. 2023 ($388.65 Mil).

Hankyu Hanshin Holdings's annual cash and cash equivalents increased from Mar. 2021 ($253.42 Mil) to Mar. 2022 ($264.22 Mil) and increased from Mar. 2022 ($264.22 Mil) to Mar. 2023 ($320.77 Mil).

Hankyu Hanshin Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Hankyu Hanshin Holdings'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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Hankyu Hanshin Holdings Cash And Cash Equivalents Chart

Hankyu Hanshin Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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259.63

232.41

253.42

264.22

320.77

Hankyu Hanshin Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															344.14	320.77	325.50	340.86	388.65

Hankyu Hanshin Holdings 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.

Hankyu Hanshin Holdings (OTCPK:HYUHF) 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.

Hankyu Hanshin Holdings Cash And Cash Equivalents Related Terms

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Hankyu Hanshin Holdings (Hankyu Hanshin Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hankyu Hanshin Holdings Inc (OTCPK:HYUHF) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

9042:Japan

Address

1-16-1, Shibata Kita-ku, Osaka, JPN, 530-0012

Website

http://holdings.hankyu-hanshin.co.jp

Hankyu Hanshin Holdings Inc conducts business in real estate, urban transportation, real estate, entertainment and communications, travel, international transportation, and hotels. Urban transportation is the leading revenue generator for Hankyu, and consists of Hankyu Corporation and Hanshin Electric Railway. Through these businesses, the company provides transportation services through a network that includes railways, buses, and taxis. The real estate business also brings in a significant portion of revenue and almost moves in lock step with the public transportation segment. Through this business, the company develops commercial facilities, residential properties, office buildings, and offers leasing and management administration.

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