Aeron Composite (NSE:AERON) Cash And Cash Equivalents : ₹19 Mil (As of Mar. 2023)

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What is Aeron Composite Cash And Cash Equivalents?

Aeron Composite's quarterly cash and cash equivalents declined from Mar. 2021 (₹12.29 Mil) to Mar. 2022 (₹4.18 Mil) but then increased from Mar. 2022 (₹4.18 Mil) to Mar. 2023 (₹19.07 Mil).

Aeron Composite's annual cash and cash equivalents declined from Mar. 2021 (₹12.29 Mil) to Mar. 2022 (₹4.18 Mil) but then increased from Mar. 2022 (₹4.18 Mil) to Mar. 2023 (₹19.07 Mil).

Aeron Composite Cash And Cash Equivalents Historical Data

The historical data trend for Aeron Composite'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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Aeron Composite Cash And Cash Equivalents Chart

Aeron Composite Annual Data

Trend

Mar21

Mar22

Mar23

Cash And Cash Equivalents

12.29

4.18

19.07

Aeron Composite Semi-Annual Data
	Mar21	Mar22	Mar23
Cash And Cash Equivalents	12.29	4.18	19.07

Aeron Composite 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.

Aeron Composite (NSE:AERON) 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.

Aeron Composite Cash And Cash Equivalents Related Terms

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Aeron Composite Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Aeron Composite Ltd (NSE:AERON) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

Sarkhej Bavla Highway, Saket Industrial Estate, Plot No. 30/31, Opposite HOF Furniture, Changodar, Moraiya, GJ, IND, 382213

Website

https://www.aeroncomposite.com

Aeron Composite Ltd is engaged in the business of manufacturing and supplying ceramic refractories, FRP/GRP composites, ceramic tiles, waterjet and laser cutting machines, paints, and lime. It offers complete solutions which include conceptual design, prototype development, testing, manufacturing, logistic support, installation, and comprehensive after sales service. The company's products are used in various markets and applications such as water and waste water, metals and mining, oil and gas, pulp and paper, transportation, telecommunications, pharmaceutical, chemical, etc. Geographically, it caters to both the domestic and the international markets of which, maximum revenue is derived from its customers located outside India.

Aeron Composite Headlines

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