Taiyo Kagaku Co (NGO:2902) Cash And Cash Equivalents : 円5,633 Mil (As of Dec. 2023)

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What is Taiyo Kagaku Co Cash And Cash Equivalents?

Taiyo Kagaku Co's quarterly cash and cash equivalents declined from Jun. 2023 (円5,707.72 Mil) to Sep. 2023 (円5,221.02 Mil) but then increased from Sep. 2023 (円5,221.02 Mil) to Dec. 2023 (円5,632.63 Mil).

Taiyo Kagaku Co's annual cash and cash equivalents declined from Mar. 2021 (円8,475.65 Mil) to Mar. 2022 (円7,190.72 Mil) and declined from Mar. 2022 (円7,190.72 Mil) to Mar. 2023 (円5,416.92 Mil).

Taiyo Kagaku Co Cash And Cash Equivalents Historical Data

The historical data trend for Taiyo Kagaku 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.

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Taiyo Kagaku Co Cash And Cash Equivalents Chart

Taiyo Kagaku Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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7,562.89

8,055.01

8,475.65

7,190.72

5,416.92

Taiyo Kagaku Co 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															4,790.10	5,416.92	5,707.72	5,221.02	5,632.63

Taiyo Kagaku 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.

Taiyo Kagaku Co (NGO:2902) 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.

Taiyo Kagaku Co Cash And Cash Equivalents Related Terms

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Taiyo Kagaku Co (NGO:2902) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Taiyo Kagaku Co Ltd (NGO:2902) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

No. 800 Yamada-cho Yokkaichi, Mie, JPN

Website

http://www.taiyokagaku.com

Taiyo Kagaku Co Ltd is engaged in the development and production of emulsifiers, stabilizers, egg and tea-based ingredients, and functional ingredients for the food, beverage, and pharmaceutical industries across the globe. Taiyo focuses on the development of innovative ingredients, derived from natural sources, to further develop the body's ability to protect and manage one's health. Its products include Sunphenon; Teavigo; Sunphenon EGCg; and Sunphenon XLB-100. The Sunphenon series, including the Teavigo brand, consists of standardized tea polyphenols and natural catechins that have been shown to have numerous physiological benefits, including antioxidant, anti-microbial, deodorant and thermogenic activities.

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